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Analysis
11 mins to read

The half-life of investment growth

Margin Call: Beware of paying a premium for historically high growth companies.

Growth (in revenues, profits, and cashflows) is a critically important determinant of the return you get from an equity investment, particularly for investments in companies that wouldn’t need to deploy much further capital to accommodate any growth.

Also, it is clear that a track record of

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Nicholas Bagnall Tue, 27 Jul 2021
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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The half-life of investment growth
Analysis,Columns,Investment,
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