<prompt> Human: I notice that most of the time beginning investors are urged to invest in mutual fundsETFs when they want to start their investing career. However, is value investing still viable in todays markets? I ask because Ive recently taken an interest in Mr. Buffets accomplishments and am reading some books to understand his philosophy. Is it simply because hes Warren Buffet? I know ETFs werent even around during the time he started investing, but Id like to know what you guys think. P.S. This is not in any way to diss ETFs, I actually appreciate them a lot.  <response>: For every Buffet there are thousands upon thousands of people who fail and lose money. Yeah you can try and be Buffet, but be prepared to fail more often than not. 