This article looks at the investment philosophies of two companies – Berkshire Hathaway (BRK) and Michael Burry's Scion Asset Management. What ties them together is their focus on value, although the change in leadership at Berkshire is raising some concerns that Berkshire's decades-old value philosophy might be changing.

There are no shortage of investors which think stocks are well over-baked, especially stocks of companies that are directly or indirectly associated with the ongoing A.I. hype. It has appeared for weeks that this was nothing more than scaremongering as stocks continued their stratospheric rise. However, the past week saw scepticism start to set in as investor concerns regarding valuations broadened. Tech stocks led the sell-off, although there were few places to hide as mo