The Value Perspective: Can value investors profit from tech companies?

Human nature's role

clock • 4 min read

Markets tend to overestimate the change that can happen over the short term and underestimate the change that can happen in the long term, writes Andrew Williams, which is great news for patient, value-oriented investors

In the 70 years since Benjamin Graham wrote The Intelligent Investor, value investing has outlived more premature obituaries than the entire Avengers team of superheroes put together. The latest in a long line of arguments as to why ‘this time it's different' - this time -  is that the strength and scale of modern technologically-driven business models is apparently a game-changer. As an example, we recently read one highly respected UK-based investor making the case that growth's significant outperformance of value over the last decade or so could no longer be considered an anomaly. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Crypto investors receive 40 times more HMRC tax warnings than stock traders

Crypto investors receive 40 times more HMRC tax warnings than stock traders

Data shows enforcement activity shift

clock 19 March 2026 • 2 min read
Wrestling with the idea of a new world order? Try European smaller companies

Wrestling with the idea of a new world order? Try European smaller companies

'Let me try to explain the case for calm'

David Walton
clock 16 March 2026 • 4 min read
Low-cost platforms spur one in three UK adults to invest

Low-cost platforms spur one in three UK adults to invest

Trading 212 the main beneficiary

Michael Nelson
clock 12 March 2026 • 2 min read