Warren Buffet prefers value investing, is there an argument against it?
I prefer value investing because it’s easy to see which companies have a higher book value than their market value. In theory, these should be the same. There’s more to it, but that’s a starting point.
Growth investing, you’re paying for the expected growth of a company. The only way you can profit is then by the company exceeding expectations, which for growth stocks, is hard to measure.