Columbia business school value investing

Is value investing a scam? I find it extremely humorous that a "top" business school (they rank that crap? hahahaha) student is accusing others of falling. Should Read: Columbia Business School (Security Analysis Course) Value: A Guide for Shareholders and Investors (Rappaport, Alfred). The students of Columbia Business School just released the Fall stock pitches from students of Columbia's Value Investing program.
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