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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (18505)	1/21/2004 10:22:06 PM
From: Mark Marcellus	Read Replies (3) of 78958

Perhaps Mr. Buffett was talking about the process of investing. No, he really meant to say that there isn't any difference. One of many examples: "Market commentators and investment managers who glibly refer to "growth" and "value" styles as contrasting approaches to investment are displaying their ignorance, not their sophistication. Growth is simply a component usually a plus, sometimes a minus in the value equation." berkshirehathaway.com FWIW, I think that pretty much echoes what Graham said about it, though I don't have a quote handy.

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