I get the sense here and in a number of other investing subreddit that investors are seen as old fashioned and conservative in their investing views and we're afraid to take chances.
Well, I have nothing against speculators. They are after whiz bang hypergrowth and extraordinary high returns. I say, if that's what they want to do, they should go for
In my case, I don't like over paying for anything, be it a can of corn or a roll toilet paper. So, I definitely won't be over paying for a stock.
I want a stock trading below what I calculate ti be it's fair and intrinsic value, with a healthy margin of safety in case things go south.
Call it whatever you'd like -- I call it value investing -- but this is my entire investing ethos in a proverbial nutshell.
If the Kroger store brand is cheaper and just as good as the name brand, I'm buying the Kroger brand. So, I get value and save money.