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.

This article was originally published on September 15, 2022.