Since we don't have many grievances. I decided to tell some of my own.
Macrotourists- Stop being one of them. You are not George Soros. You should stick with valuing companies instead of economies.
Value Pretenders- You need to move on from value investing and move into low-cost index funds already. Stop coat tailing other investors ideas and do your own due diligence if you want to be a Value Investor.
Agreed on macro (I read an interesting observation recently where this guy said if you go on vacation & mostly take photos of yourself then you're a tourist & if you mostly take pictures of the places you're visiting then you're a traveller...)
On being a VP (partially done in sectors, never done because they have too many hidden moves I can't copy, done or at least my amateur version...)
I'm not quantitatively sophisticated enough for deep dive, sum of the parts, stuff but I do believe that I can spot quality (whatever that means) & have a reasonable amount of restraint so that I don't buy when CNBC, Morningstar, Value Line or whoever, whips an issue into a frenzy.
Here's to scratching where we all itch!
