- Many separate value and growth investing, but they are joined at the hip.
- Growth creates value, but it can also destroy value.
- Today, we’ll discuss how to apply growth when calculating the intrinsic value of a stock.
There’s a lot of talk about the difference between growth and value investing. Even I’ve compared the two investing styles when discussing academic research on the subject showing how value stocks usually outperform growth stocks. Nevertheless, academic studies always talk in general and intelligent investors can be much more sophisticated than academics. More →