In the FT. A sample:
"You could argue that value investors could have invested with a greater margin of safety," said John Buckingham, who manages the value-oriented Al Frank Fund.
Tantalising opportunities to buy seemingly enduring franchises such as Bear Stearns or Fannie Mae for pennies on the dollar became painful lessons in risk management and diversification.
"The problem that value managers face is that we're closet quants," said Mr Buckingham. "When you're looking at what has worked historically and what valuations were at that time, you want to back up the truck and go in."