Topic: Growth Investing
2 posts tagged “Growth Investing”.
Fertile Fields: The Inventor of Growth Investing
T. Rowe Price Jr. formalised growth investing in the 1930s, when paying above book value was considered reckless. His insight: the best long-term investments are not the cheapest businesses, but those worth the most in twenty years.
The Life Cycle of a Growth Company
The biggest gains come from holding through the growth phase; the biggest losses from holding into decline. T. Rowe Price Jr.'s framework — and his sell signals — help tell the two apart.