Value Investing and J.C. Penney (JCP)

If you’re a dispassionate observer and investor, you have to laugh at the hyperventilation over J.C. Penney’s (JCP) quarterly results. It’s another case study for why there are so few value investors. Most investors, both professional and amateur, say they are long term-oriented and believe they have an advantage over the excessively short term types … Read more →