Ugh.

Only time I'll outright insult a group of folks, but this bears exception.

Most value guys are clueless dolts. CLUELESS. Guys who are crying value wolf might as well be riding their luck behind the fat turkey syndrome.

What does the word INVESTMENT mean? Let's take a look.
in·vest (n-vst)

v. in·vest·ed, in·vest·ing, in·vests

v.tr.

1. To commit (money or capital) in order to gain a financial return: invested their savings in stocks and bonds.

2.

a. To spend or devote for future advantage or benefit: invested much time and energy in getting a good education.

b. To devote morally or psychologically, as to a purpose; commit: "Men of our generation are invested in what they do, women in what we are" Shana Alexander.

3. To endow with authority or power.

4. To install in office with ceremony: invest a new emperor.

5. To endow with an enveloping or pervasive quality: "A charm invests a face/Imperfectly beheld" Emily Dickinson.

6. To clothe; adorn.

7. To cover completely; envelop.

8. To surround with troops or ships; besiege. See Synonyms at besiege.

We don't see "Throw money away aimlessly" "Do what the crowd does" "Keep your job by advocating mediocrity." or any of that.

Nothing makes me ticked more than poorly run investment firm. There's no distinction between value and growth. Growth is part of business quality and Value is margin of safety disguised in one word. You INVEST money. Never forget that.