The excitement behind blue-chip value investing doesn't reside in life-changing tales of a stock that moved up 800% in a year or two.
Those stories were common during the late 1990s with Internet stocks, but as we saw in 2001 and 2002, what rises dramatically and rapidly often falls with equal fury.
The excitement of blue-chip value investing comes from looking at long-term charts of what value stocks do as a group over a period of decades - or what they have done for Warren Buffett.
That extra 2 % or 3% a year in returns, multiplied over a lifetime of investing, makes for some heart-pounding piles of cash down the line. It will give you your million-dollar portfolio - and much more.
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