Thursday, July 13th, 2006
Absolutely right
Two pieces on value versus growth on Absolutely NO DooDahs! hits the nail on the head: “I cringe when I remember that I used to think in those (growth versus value) terms! As if it were a contest! … I have come to the conclusion that there are literally dozens of ways to generate so-called abnormal returns in the marketplace, and that value investing is merely one of them. Not necessarily better. Not necessarily worse … Which is better? That depends on your application of the system without emotion, the design of the system, money management, and luck.”
Part one can be read here, and part two here.
Word Count: 107. This entry was posted on Thursday, July 13th, 2006 at 7:17 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.