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Is Value Investing Dead? THE DAILY --- H.E.A.T. Torching Wall Street’s Obsolete Playbook. Delivered straight to your inbox 5 days a week. Subscribe Home Posts Is Value Investing Dead? Is Value Investing Dead? Oct 6, 2025 Wall Street’s 60/40 formula was born in 1952 — the same year as the first credit card. A lot has changed since. That’s why we created a new approach — The --- H.E.A.T. Formula — to empower investors to spot opportunities, think independently, make smarter (often contrarian) moves, and build real wealth. Table of Contents 🔥 Here’s What’s Happening Now Why Covered Call ETFs Suck-And What To Do Instead 💀Is Value Investing Dead? Why Thematic Investing Is the Only Way to Beat a T … 🔍 The Setup ⚙️ The Death of Value Investing 📈 The Rise of Thematic Investing 🧠 The Modern Framework: HEAT vs. Value 🧩 The Bigger Picture 💬 Context 🗞️ Bottom Line 📈 Stock Corner 📬 --- In Case You Missed It 🤝 Before You Go Some Ways I Can Help 🔥 Here’s What’s Happening Now Friday was supposed to be the jobs number, but it didn’t happen with the shut down. The headlines from Friday look like this…. S&P 500 posts winning week, but Friday rally fizzles: Live updates Wall Street headed for solid weekly gains even with a U.S. government shutdown dragging on. www.cnbc.com/2025/10/02/stock-market-today-live-updates.html But if you are thematic (more below) then nothing fizzled on Friday. Outside of crypto (more below), Friday’s biggest theme was the drone stocks. I’ve been talking about ONDS since it was in the 1’s…. A while back I wrote about how a caddy was bugging me for like 10 holes for a stock tip, I gave him this when it was in the 2s and said it was either going to zero or 10. Hope he took my advice. We talked about this on one of our podcasts, pretty sure it’s close to doubled since then…. If you are not watching our podcast you should. I want to present you with deep dives on different thematics and exposure to all sorts of different types of investors. Financial H.E.A.T Podcast with Matthew Tuttle Break Free from The Wall Street Hypocrisy Disclaimer: Information presented on this channel is for news, education, and entertainment purposes only, is not intended as a solicitation of the sale or purchase of securities or investment strategies, or a substitute for professional investment advice. Please consult with your financial advisor before following any investment strategies discussed herein. www.youtube.com/@TuttleCap If you have any suggestions for guests and topics feel free to send them over. Last week there were all sorts of article about how Crypto was losing steam, now we see a bunch of these….. Bitcoin Jumps Above $120,000. Why the Crypto Rally Is Gaining Momentum. www.barrons.com/articles/bitcoin-price-xrp-ethereum-crypto-rally-shutdown-35dcdf56?mod=hp_WIND_A_1_3 I continue to believe you need to own crypto, which is why many of our launches focus there…. — # (# ) Rareview 2X Bull Cryptocurrency & Precious Metals ETF The Rareview Total Return Bond ETF (the “Fund”) seeks to provide a total return through the combination of current income and capital appreciation. rareviewcapital.com/2x-bull-cryptocurrency-precious-metals-etf Gold is something you need to own also, it’s up big pre market. Another reason Wall Street is broken… — # (# ) If you want a reason to be bearish, last week was the second week in a row where the Magnificent 7 underperformed the S&P 500. Are cracks starting to emerge, or is the rally just broadening out? Why Covered Call ETFs Suck-And What To Do Instead Thursday October 23rd 2-3PM EST Covered call ETFs are everywhere — and everyone thinks they’ve found a “safe” way to collect yield in a sideways market. The truth? Most of them suck. They cap your upside, mislead investors with “yield” that’s really your own money coming back , and often trail just owning the stock by a mile. Join me for a brutally honest breakdown of how these funds actually work — and what you should be doing instead. What You’ll Learn: 🔥 Why “high yield” covered call ETFs are often just returning your own capital 📉 How most call-writing strategies quietly destroy compounding 🚫 Why owning covered calls in bull markets is like running a marathon in a weighted vest 💡 The simple structure that can fix these problems — and where the real daily income opportunities are hiding Click Here To Register register.gotowebinar.com/register/223734574050559064 💀 Is Value Investing Dead? Why Thematic Investing Is the Only Way to Beat a Transparent Market This chart shows just how badly value stocks are getting left in the dust this year In today’s market, expensive stocks are getting more expensive, while cheaper names are getting left behind. www.marketwatch.com/story/this-chart-shows-just-how-badly-value-stocks-are-getting-left-in-the-dust-this-year-d4d43ac6?mod=home_lead 🔍 The Setup MarketWatch’s Joseph Adinolfi highlighted what many portfolio managers are afraid to admit: value stocks are being left in the dust—again. By Evercore ISI’s data, value names (low price-to-book, low P/E) are underperforming growth stocks by the widest margin since the dot-com bubble . The Russell 3000 Growth Index is up ~17% YTD , while the Value Index has barely cracked 10% . That gap isn’t just cyclical noise—it’s structural . ⚙️ The Death of Value Investing Value investing worked when: Information was scarce, Mispricing was common, And time arbitrage existed—buy something cheap, wait for recognition. But that edge died the moment information became free. Every balance sheet, cash flow model, and analyst upgrade is available to anyone with a phone. ChatGPT and AI research tools can instantly synthesize data that used to take weeks for analysts to find. The “undervalued gem” you think you discovered? Thousands of algorithms saw it before you hit “buy.” Even Warren Buffett’s brand of deep-value investing relies on a scarcity of information and patience. In a world where everyone has the same data and the same calculators , that edge is gone. As you said, — the internet killed value investing . AI and crowdsourced research just finished the job. 📈 The Rise of Thematic Investing If value is dead, what replaces it? Themes. Because while everyone has access to the same information , not everyone can connect the dots . Themes are about recognizing structural shifts before Wall Street’s models do. They’re not about cheapness—they’re about change . Examples: AI Infrastructure: Not “cheap,” but essential. You’re not betting on P/E ratios—you’re betting on the cost curve of compute. Digital Energy: Nuclear, nat gas, and grid modernization (your JUCE thesis) — the bottleneck to AI adoption. Defense Tech and Drones: The geopolitical tailwinds are obvious, but Wall Street models still underestimate long-cycle procurement. Crypto Treasury & Tokenization (DATs): The next evolution of corporate balance sheets. Thematic investors don’t care if something looks expensive— they care if it’s early. 🧠 The Modern Framework: HEAT vs. Value Approach Edge Source Limitation Modern Upgrade Value Investing Mispricing of fundamentals Data transparency eliminated edge AI finds fair value faster than humans Growth Investing Momentum & EPS trajectory Crowded in mega-cap AI names Works only if thematic tailwind persists Thematic Investing (HEAT) Identifying structural shifts early Requires synthesis, not spreadsheets Uses AI + macro pattern recognition to find edges Your --- H.E.A.T. Formula — Hedges, Edges, Asymmetry, Themes — is the antidote to this transparency trap. In a market where everyone knows everything, the only way to outperform is to look where the algorithms aren’t trained to look yet — new energy infrastructure, digital assets, AI healthcare, and national-security tech. 🧩 The Bigger Picture Value investors are waiting for a “reversion to the mean” that may never come. That world assumed mean reversion mattered. Today, we’re in a world of winner-take-all dynamics , network effects, and data monopolies. Cheap companies stay cheap because scale and compute power compound faster than value metrics can catch up. If the dot-com era rewarded vision over valuation, this AI era rewards narrative married to execution . 💬 Context The data confirms what you already see: Value’s underperformance isn’t a trade—it’s a paradigm shift . Long-term alpha will come from theme discovery , not valuation discovery. The future of fund construction is dynamic, AI-assisted thematic weighting, not P/B sorting. The winners? Thematic allocators who use AI to detect capital flow, regulatory policy, and technological acceleration. The losers? Quant screens still pretending the market is inefficient. 🗞️ Bottom Line ❝ Value investing isn’t coming back — transparency killed it. When every investor, algorithm, and AI has the same data, “finding hidden value” becomes impossible. The edge now lies in identifying the next theme before Wall Street can model it — AI power, nuclear, defense tech, crypto treasuries, healthcare AI. In today’s market, themes are the new value — and the winners will be those who can see the next one before the crowd does. 📈 Stock Corner Today’s stock is USA Rare Earth (USAR)….. This rare-earth company may be the next Trump administration investment USA Rare Earth is in “close communication” with the Trump administration, CEO Barbara Humpton said Thursday. www.marketwatch.com/story/this-rare-earth-company-may-be-the-next-trump-administration-investment-fad21345?mod=home_lead Longer term readers know that one of my top themes is Trump’s Inner Circle. No matter what you think of him as a President he’s extremely consequential for themes and individual stocks. As one reader texted me last week….. ❝ God bless Donald Trump is all I can say….He’s handing out free dough After a bit of censorship we’ve gotten the go ahead to launch our Tuttle Capital Government Grift ETF (GRFT). Hoping for Friday, but may bleed into next week. One of the biggest parts will be Trump’s Inner Circle. Stay tuned. ‘Government Grift’ ETF tracking Congress trades could launch this week The SEC has set an effective date for the Tuttle Capital Government Grift ETF, which could launch this week to track congressional trades and companies tied to the President. cointelegraph.com/news/government-grift-etf-could-launch-as-early-as-friday 📬 --- In Case You Missed It Jerry Parker on trend following… 🤝 Before You Go Some Ways I Can Help ETFs : The Antidote to Wall Street Inside HEAT: Our Monthly Live Call on What Wall Street Doesn’t Want You To Know Financial HEAT Podcast https://www.youtube.com/@TuttleCap Freedom from the Wall Street Hypocrisy Tuttle Wealth Management: Your Wealth Unleashed Advanced HEAT Insights: Matt’s Inner Circle, Your Financial Edge All rights reserved. Keep Reading No posts found View more caret-right 0