Why Growth Matters to This Value Investor
It was pretty close to a perfect weekend around Chez Melvin. We had too much food and wine as well a rare perfect football weekend with all the right teams winning and the right teams losing. As always, the conversations around the table, on the Net and over the phone produced many topics worthy of consideration. In addition to lengthy debate on how cheap the market really is (a topic we shall explore in more depth tomorrow), we eventually got around to the age-old debate of growth vs. value.
Many people assume that because I am such a steadfast value guy, I am against growth stocks. While it is true that I am not an advocate of buying high-multiple market darlings, I do believe that growth investing works. The choice between growth and value is more of a personality issue in my eyes, as either one can work for the right person....659 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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