Financial Times FT.com

Rob Arnott: Investors need to keep growth and value in perspective

By Rob Arnott

Published: February 9 2008 04:39 | Last updated: February 9 2008 04:39

Do you want to own growth or value stocks? The obvious answer is “both”.

We all want to own stocks that are a good “value”, priced at a bargain, relative to whatever “growth” the future may have in store. We want companies that offer growth and value. Unfortunately, the investment community uses these words too liberally, with the same words used for far too many concepts.

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