Hey Friends,

I hope you’re doing well and in good health. I’ll let the article (sent to me recently by a very dear friend) and linked herein do the job of giving meaning to the title of today’s post. Please go here to read the article.

Indeed value stocks have underperformed relative to their historic norms. I’m concerned that we learned very little from the Great Recession of 2008 and 2009. The lack of regard for tangible asset worth while regarding intangible worth (the words intangible worth are rather the oxymoron when it comes to measuring asset worth) spectacularly does not bode well at all for the sustainability of a healthy stock market in my view.

Value does matter. Common sense shouts that it does. My book, “Choose Stocks Wisely,” is a treatise on value as defined by a company’s statement of financial position, namely the balance sheet.

Amid the chaotic times in which we live, I’m thankful to know there is a place of certainty; a place of secure and quiet rest in the Lord Jesus Christ.

Until next time,

Paul