Hedge Funds

Seth Godin was one of the great investors of his generation. The value factor, as falma described it, was gone by the time he started working for seth in 19 94. He would go looking for cheap stocks at a low price to book value that were sitting on a lot of cash.godin: There's an interesting story regarding that phenomeno. And i think there's also the tension between academics wanting to describe markets in terms of these kind of perpetual features of the market and people who are in it every day.