The markets continue to be dumb IMO. You have a stock like NEXN trading at 6.5 times 2024 earnings per ADR and a stock like PLTR trading at 70 times revenue and 350 times earnings. Who can make sense of this? I continue to buy value stocks according to my formula, but just not as much. I have bought ANGI (IAC looking to spin it off), PERI that is trading at 1X earnings (after deducting the value of its massive cash hoard from its market cap) and VNDA which has over $6 a share in cash, real products and a big pipeline of drugs. Nobody cares about these because they are not mentioned on Reddit!