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Growth investing is a style of investment strategy focused on capital appreciation. Those who follow this style, known as ''growth investors'', invest in companies that exhibit signs of above-average growth, even if the share price appears expensive in terms of metrics such as price-to-earnings or price-to-book ratios. In typical usage, the term "growth investing" contrasts with the strategy known as value investing. However, some notable investors such as Warren Buffett have stated that there is no theoretical difference between the concepts of value and growth ("''Growth and Value Investing are joined at the hip''"), in consideration of the concept of an asset's intrinsic value.〔(【引用サイトリンク】url=http://www.investopedia.com/terms/g/growthinvesting.asp )〕 Thomas Rowe Price, Jr. has been called "the father of growth investing".〔Investopedia. (The Greatest Investors: Thomas Rowe Price, Jr. )〕 ==Growth at reasonable price== Growth At A Reasonable Price is a strategy that blends aspects of growth and value investing. Investors seeking growth at a reasonable price look for stocks that they believe will deliver above-average growth, but that are not too expensive. After the bursting of the dotcom bubble, "growth at any price" has fallen from favour. Attaching a high price to a security in the hope of high growth may be risky, since if the growth rate fails to live up to expectations, the price of the security can plummet. It is often more fashionable now to seek out stocks with high growth rates that are trading at reasonable valuations. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Growth investing」の詳細全文を読む スポンサード リンク
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