Smart Money's Midyear Investment Guide
"Growth managers typically seek out companies whose earnings are increasing at a faster rate than the market as a whole, and are therefore worth the higher price they usually command. Value managers tend to look for dependable businesses that are, well, undervalued according to fundamental measures, such as low price/earnings ratio. Many simply let index creators such as the Russell Investment Group determinde which stock fall into each category, and then they pick stocks from that group."
Tags: Smart Money, Growth vs. Value Investing