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
Societal Issues
To curb drug deaths, communities turn to Reddit, texts and wastewater
With drug overdose deaths on the rise, authorities are attempting to curb the epidemic by tracking and sharing information in real time. In one unique effort, a nonprofit in New York City is using drug-testing equipment and stamping or marking habits of dealers to identify drug batches that may endanger users. Other approaches are also being used, such as monitoring drug-related chatter on Reddit and analyzing local wastewater for opioid and other drug levels. With the combination of these efforts, researchers hope to put a dent in the opioid crisis and reduce overdose deaths. Read full article here
Merv
June 1, 2023
