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Apple is outperforming on a day the Nasdaq is up 0.3%. As are chip suppliers Cirrus Logic (CRUS +3.1%), Skyworks (SWKS +3.3%), Qorvo (QRVO +2.7%), and InvenSense (INVN +4.6%). Over in Taipei, Foxconn parent Hon Hai Precision (OTC:HNHAF) rose 4.6%, and fellow cheap iphone Cases manufacturer Pegatron (OTC:PGTRF) rose 9.9%.

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iPhone x case We'll share our system's current take on Amazon in a moment, but first we'll explicate our broader points about value investing.Forget About Value InvestingForgetting about value investing sounds a bit hyperbolic, but what's the point of it An obvious point in favor of it would be if it led to better returns, but as Robin Wigglesworth pointed out in Saturday's Financial Times "Torpid value stocks test the nerves" (paywalled here), that hasn't been the case recently:It has been a tough, frustrating ear for the loyal disciples of investment legends such as Benjamin Graham and Warren Buffett (Wigglesworth notes later in the article that Buffett recently expressed regret for not having invested in Amazon).Value stocks cheaper, out of favor but fundamentally solid companies have languished behind the runaway train of technology shares, renowned for their growth prospects.Any strategy can have a bad year, but this chart, included in the article, shows that value has lagged both growth and the broader market over the last 10 years.Not only has value lagged, according to that chart, but it sank even lower than the broader market during the 2008 crash.So if it doesn't necessarily generate better returns and didn't offer any advantage in even relative safety during the last market crash why do you care so much about valueIs it because you think your value stocks will somehow protect you against the next market iphone x cases correction, because they have a margin of safety Sorry: There is no margin of safety. The fundamental data you're looking at is 90 days old or older, and you have no idea what the next quarter holds. Your guess at intrinsic value is just that, a guess, and even value investors who do this for a living get it wrong.iPhone x case

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