And I think it's that evolution that really starts to get you into modern value investing. (hurricanecapital.wordpress.com)
Following in his footsteps, many modern value investors clearly state that they don't worry about volatility, and instead focus their risk management on lowering the probability of permanent capital loss. (behavioralvalueinvestor.com)
Modern value theory has emphasized such terms as pleasure and satisfaction. (religion-online.org)