Technology Stocks: No Place In Value Investing?

One of the most quoted professionals in the investing world and one of the world’s most famous value investors, Warren Buffett, has stated many times that he dislikes technology stocks. Buffett claims that he dislikes these stocks as he does not understand them, which to some extent is true. However, perhaps more to the point would be the claim that technology stocks have no place in the world of value investing, as investing in technology is, even for the best in the business, speculation. Now, obviously one exception here is International Business Machines Corp. (NYSE:IBM). Buffett counts the global technology…