中国艺术家李元国的画作:色彩鲜艳的小幅作品
Wanderings

The “Use of Uselessness” of Value Investing 

The short-term "uselessness" (invalidity) of value investing prevents overcrowding and strategy arbitrage, and ensures the strategy's continued effectiveness (longevity) on a long-term scale. This is the perfect embodiment of "uselessness" in the modern financial field.