Growth or value: Which investment philosophy is for you?

Value investing: The gospel of value investing is fairly simple: price is paramount. Value investors identify companies that the market is underestimating, and like savvy shoppers, buy them at a discount. The mantra is that if you can get the stock at a lower price, why pay more? Hence, they identify undervalued stocks, hold them for a long time, and wait for the market to realise their true worth. Growth investing: In growth investing, pricing takes a back seat. Growth investors believe that earnings should take precedence over pricing when selecting a stock. They look for companies with a long runway for growth and that have perfor

This article was originally published on September 15, 2022.