this deals with the canadian manager is his style value, growth, market oriented…
i thought by definiton a value investor would buy stock whos price is below its calculated intrinsic value, the P/E wouldnt matter at all.
any help?
If I remember correctly, he had no opinion on P/E hence P/E could be low( value investor) or high ( growth investor).
As a consequence he is a core or market oriented investor
I beleive he was all over the map and thats why you pick market
i also remember that they bought stocks regardless of PE, so this makes them core/market
Value investor would buy the stock trading below its intrinsic value & also trading at relatively lower P/E , P/B multiples…Since the manager is buying regardless of P/E - Market oriented/core/blend investor
yea i had it initially marked as core/blend but then for some reason i looked at paragraph again and thought that value investor would buy stock that is below its intrinsic value no matter what the price or p/e was…reminds me oif warren buffett.