Why investors say this strategy has ‘stood the test of time’
An investment strategy that promises to deliver higher returns without taking on undue risk, popularised by legendary investor Peter Lynch, may be worth revisiting in a world of stretched valuations, fund managers say.
The strategy, dubbed GARP or “growth at a reasonable price”, was in vogue following the dotcom bust of the early 2000s, and is the method of identifying companies with strong growth potential that are not overvalued.
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