A Value Investor's Upside-Down View of Growth

Back in December, on a whim, I picked up a copy of Investor's Business Daily. I rarely read this particular paper, as it is geared more toward the growth and momentum crowd, and I am an old guy who prefers the statelier Wall Street Journal.

As I skimmed the pages of great growth stories, motivational articles and business news, I found that I liked it more than I used to. As I skimmed the rankings the paper assigns to help its mo-mo customers pick stocks, I started channeling Carl Gustav Jacobi and Charlie Munger. Their advice to "invert, always invert" has always made sense to me as a way of checking my thinking and analyzing ideas....675 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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