Capitalism Won’t Thrive on Value Investing Alone (just published HBR.org oped)
June 1, 2021
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By:
Amar Bhide/
- 0 Comments
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- Innovation, Public Policy
First oped in more than a year (when I was maniacally trying to get my medical innovation course done…
Trigger warning: starts with a suicide and more personal than my usual fare
by Amar Bhidé June 01, 2021
https://hbr.org/2021/06/capitalism-wont-thrive-on-value-investing-alone
Summary. Investors fall into two camps: value investors, who base decisions on a careful analysis of revenues and costs, looking for steady performance, and growth investors, who place bets on risky projects with very high potential payoffs. A capitalist economy needs both kinds — those willing to back transformational ventures as well as those who reward prudence and thrift.
