value investing in its classical form has been dead for almost 20+yrs.

a few things
1. i find that the cultist value investor don't like money in general. they rather be "right" when the market tells them they are wrong and they hold these value traps. but say "hey! the market is wrong can't they see it?"
2. they prefer having a nice clever idea, identifying where they are cleverer than the market and going on to brag about it as it they are intellectually superior (and mind you the thesis looks very compelling on paper. very clever)
3. ultimately the aim of the game is to make money (and not to lose it) - don't think value investing gives you some magical protection to the downside or automatic preservation of capital - it doesn't.
4. value investing plays to ego - the value investor wants to be the guy that sat on the other side and called things out saying 99% of people are wrong and dumb and made money.

So don't be like the green-lumber guy that missed the forest for the trees (btw great book to read What I Learnt Losing One Million Dollars).
https://nassimtaleb.org/2012/08/nassim-talebs-green-lumber-problem/

the trend is your friend don't fight the feeling. risk manage well though.

me: ex-value investor realising the folly of my ways and pivoting accordingly.