Growth or Value Investing: Which is more Rewarding | Howard Marks | Stocks | Investment скачать в хорошем качестве

Growth or Value Investing: Which is more Rewarding | Howard Marks | Stocks | Investment

Howard Marks, a prominent investor and co-founder of Oaktree Capital, has extensively discussed the nuanced differences between value and growth investing. In his view, these two approaches are not as mutually exclusive as often perceived. Value investing traditionally focuses on buying assets priced below their intrinsic worth, emphasizing safety and margin of error. Growth investing, on the other hand, seeks companies with potential for above-average future earnings, often justifying paying a premium for growth prospects. Marks argues that while value investors prioritize current fundamentals, growth investors place bets on future improvements. However, he stresses that true investing is about assessing the relationship between price and value, regardless of whether the asset is deemed "value" or "growth." He often highlights the fluidity between the two styles, pointing out that all investing ultimately boils down to making informed decisions about future cash flows. For instance, a growth company can represent good value if its future potential is underestimated by the market. Similarly, a traditionally undervalued company can be a poor investment if it lacks growth prospects or faces structural challenges. Marks challenges the rigid categorization of these styles, suggesting that successful investors must blend elements of both. He emphasizes the importance of adaptability and critical thinking over adherence to a single investing philosophy. In his memos, he also cautions against overpaying for growth, as it increases the risk of losses if projections fail to materialize. Ultimately, Marks underscores that value and growth are two sides of the same coin, with the best investments being those where price and potential are most favorable. What is value investing? What is growth investing? Difference between value and growth investing Watch our other video here:    • Super Investors   Connect with us here as well:   / thefinancialeconomics     / the_financial_economics   Applications & Software used: VSDC Video editor VEED.oi for Stock videos - https://www.VEED.OI.com Business enquiries - [email protected] #growthinvesting #howardmarks #stocks #valueinvesting #stockmarket #investment #investmentstrategy #investing #thefe