Wall Street’s Quant Playbook Is Upended as AI Reorders Market

The concept of safety itself is getting turned upside down. With confidence in long-term cash flows waning amid AI disruption, investors are rediscovering stocks with here-and-now fundamentals and low price tags — companies like AngloGold Ashanti, Coca-Cola Co. and Acadia Healthcare Co.High-margin companies whose rich valuations were once justified by wide competitive moats are being shunned — because those moats are precisely what AI is coming after. Value, left for dead for years amid fears of buying into ...