Trend toward value investing

"I've seen no trend toward value investing in the 35 years I've practiced it. There seems to be some perverse human characteristics that likes to make easy things difficult."

[Warren Buffett talk to Columbia Business School in 1985]

On Value Investing

Value Investing: "The fact that it's so simple makes people reluctant to teach it. If you've gone and gotten a Ph.D. and spent years learning how to do all kinds of tough things mathematically, to have to come back to this is - it's like studying for the priesthood and finding out that the Ten Commandments were all you needed."

(New York Times Magazine, L. J. Davis, April, 1990)