Value investors buy stocks that they consider to be trading at less than intrinsic value.  Warren Buffett is a well-known value investor. However, it can be very unpleasant being a value investor. Value stocks don’t always recover...

At this point, it looks like capital gains taxes are going up tomorrow. For all investors, the rate will climb to 20 percent (after holding at 15 percent for the past decade).  For investors with more than...

Just before Facebook went public, valuation guru Aswath Damodaran said the stock would see a “Goldilocks IPO” – not too hot, not too cold.  And he was right. Shortly after, Damodaran argued that Facebook’s fair value was...