Growth-at-any-cost is a dangerous investment philosophy: Lauren Templeton

India has many attractive features for the long-term investor, says Templeton

With growth taking precedence over profit and new-age companies becoming the new poster boys of the stock markets, value investing has taken a back seat. Lauren Templeton, founder & president, Templeton and Phillips Capital Management, explains why the strategy can’t be written off. In an interview with Samie Modak, the great-grandniece of Sir John Templeton, pioneer of global value investing, shares her investment philosophy. She spoke to Business Standard during CFA Society India’s 12th India Investment Conference.

Edited excerpts:

Value investing is said to be going out of fashion, especially amid the liquidity gush caused by the stimulus measures.