All growth stocks eventually die a death by re-rating. Did yours just do so?
growth
The dream of a growth investor is to discover a Microsoft or a Coke in the early years.
If active investing is the triumph of hope over evidence, then investing in growth stocks is active investing on drugs…
Growth investing is about putting your money into companies you think will make much bigger profits in the future.
What Peter Lynch looks for in a share is very different from what the media or the typical stock market punter seeks out.