Value investing is the act of buying stocks that are comparatively cheaper than other stocks based on a given price metric, such as the price-to-earnings ratio, to turn a profit. While it is a riskier investment compared to growth investing, it may still be the better strategy for long-term investment; after mapping out the hypothetical profit for value investing in 3,000 of the largest firms, Jack Vogel found that value investing beat growth investing after a 40+ year period. Read full article here
Technology
The First Solar-Powered Car Comes at a Hot Price
The Lightyear O is a revolutionary electric car powered by the sun. Developed by a Dutch startup, the four-door sedan has over 50 square feet of solar panels on its roof and hood, generating up to 43 miles of energy a day. With production now underway in Finland, the car does come with a hefty price tag at $262,000, but the company hopes to introduce a more affordable version, the Lightyear 2, by 2025. Read full article here