Excess Returns
Excess Returns
Oct 18, 2020
Why Growth Investing is Harder Than You Think
Play • 19 min

Growth investing has seemed easy in the past decade. Growth stocks have easily outpaced both value stocks and the market, which has led to great performance for many growth strategies. But it likely won't always be this easy. Over the long-term, growth stocks as a whole have trailed the market, and successful growth investors have had to identify a small group of stocks that perform well in a universe that typically does not. 

In this episode, we look at some of the realities of growth investing. 

We discuss: 

- Why growth investing is about finding diamonds in the rough 

- How difficult it can be to hold the great growth stocks through the severe ups and downs they typically experience

- Why investors desire to find the next great growth stock can lead to overvaluation within the space 

ABOUT THE PODCAST

Excess Returns is an investing podcast hosted by Jack Forehand (@practicalquant) and Justin Carbonneau (@jjcarbonneau), partners at Validea. Justin and Jack discuss a wide range of investing topics including factor investing, value investing, momentum investing, multi-factor investing, trend following, market valuation and more with the goal of helping those who watch and listen become better long term investors.

SEE LATEST EPISODES

https://www.validea.com/excess-returns-podcast

FIND OUT MORE ABOUT VALIDEA

https://www.validea.com

FOLLOW OUR BLOG

https://blog.validea.com

FIND OUT MORE ABOUT VALIDEA CAPITAL

https://www.valideacapital.com

FOLLOW JACK

Twitter: https://twitter.com/practicalquant

LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094

FOLLOW JUSTIN

Twitter: https://twitter.com/jjcarbonneau

LinkedIn: https://www.linkedin.com/in/jcarbonneau

The Razor's Edge
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1 hr 36 min
Value Hive Podcast
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Brandon Beylo
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The Intelligent Investing Podcast
Eric Schleien
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41 min
The Acquirers Podcast
The Acquirers Podcast
Tobias Carlisle
Value: After Hours S03 E2 St Petersburg Paradox, JPM's Wide Value Spread, Risk and Valuation
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1 hr 2 min
Value Investing with Legends
Value Investing with Legends
Columbia Business School
Mohnish Pabrai - The Value of Continuous Learning
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1 hr 12 min
The Contrarian Investor Podcast
The Contrarian Investor Podcast
Nathaniel E. Baker
The Biden Administration and Risks to Global Growth
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49 min
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