This podcast episode delves into the resilient and evolving landscape of value investing, as explained by John Rogers of Ariel Investments. He emphasizes the overlooked potential of small-cap stocks, or "orphan" investments, that often escape the radar of larger investors. Rogers shares pragmatic strategies for uncovering hidden gems through research, relationship-building with management teams, and the importance of assessing a company's intrinsic value. His insights into macroeconomic trends and specific industries, coupled with stances on investor behavior and historical market crises, illustrate that with a keen eye for detail and a long-term perspective, value investing remains a viable and lucrative approach.
