Investment success doesn't come from buying good things, but rather from buying things well (Howard Marks)
Thursday 17 Sep 2020 Author: Martin Gamble
Surely every investor loves a bargain and in various ways all investors think of themselves as value investors. Sadly, what’s been working for investors since the great financial crisis of 2008 is more akin to quality and growth investing. This strategy focuses on the potential growth and quality of a business and less on valuation. Value managers don’t shun growth, but they focus more on the price they have...