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

Advisers zoomed in on capital accumulation in Q4 2025

Advisers zoomed in on capital accumulation in Q4 2025

Titan Square Mile research finds

Jen Frost
clock 30 January 2026 • 3 min read
Measure for measure: How to track your tracker fund

Measure for measure: How to track your tracker fund

Tracking difference and tracking error

Terry McGivern
clock 28 January 2026 • 3 min read
SJP and AJ Bell pivot from US mega-caps in MPS as concentration woes continue

SJP and AJ Bell pivot from US mega-caps in MPS as concentration woes continue

Healthcare, energy and EM preferred

Linus Uhlig
clock 28 January 2026 • 2 min read