Howard Marks explains that value investors focus on buying stocks below their intrinsic value by analyzing fundamentals like cash flows, balance sheets, and downside protection. Growth investors, on the other hand, prioritize companies with strong earnings growth, competitive advantages, and long runways for expansion, even if the stock looks expensive today. While their approaches differ, Marks emphasizes that both styles rely on understanding the underlying business and its fundamentals—because disciplined stock picking always starts with what the company can sustainably earn over time.
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- E commerce Entreprises
- Mots-clés
- The financial economics, English, Share market


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