I must warn readers upfront that we at Seneca are value investors, and are thus naturally sceptical about growth investing in its simplest form, namely buying the stocks of companies that exhibit the highest sales, assets, profits, growth, etc.
However, we are equally sceptical about simplistic value investing, namely buying stocks just because they have low price-to-equity, price-to-book, price-to-sales ratios, etc. The original 'value investing'...
Four potential outcomes
Industry members abseil down Broadgate Tower
Changes made on 14 September
Hired as portfolio manager in global equity income team
'Three cycles are colliding'