Re:Charlie Munger has died
by bluGill on Tuesday November 28, 2023 @07:40PM
(#38453849)
Growth is about future value, which is subtilty different from what you said. You make predictions on what the company will earn in the future.
Value by contrast is looking at current earnings.
Both are predictions of the future value, one just weights the current earnings high. While you often have a bias to one, generally you should consider both. Don't buy current income if growth says the company will collapse. Don't buy growth if the company won't grow to support the value in the future.
Value by contrast is looking at current earnings.
Both are predictions of the future value, one just weights the current earnings high. While you often have a bias to one, generally you should consider both. Don't buy current income if growth says the company will collapse. Don't buy growth if the company won't grow to support the value in the future.