Re: Why are value investor types so rigidly opposed to TA?
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Why are those types so ready to dismiss TA as worthless?
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because they are poor value investors and have a strong need to validate themselves.
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Neither of this applies to Buffett or dozens of value managers with multi-decade records of beating the market. These guys don't use TA, and don't need any more validation. Whether TA works or not, they'll tell you they never needed it.
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i don't consider buffett et al "those types" - and (correct me if i'm wrong) i don't think buffett would claim that TA is worthless to everyone.
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How come there are value investors in the Forbes 400 but no TA types?
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John Arnold for one. Youngest on the Forbes list, was a trader for Enron and now has his own hedge fund.
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