A New Way to Listen to the Music: ROICRupert Hargreaves
The following is based on a research paper by Robertson Stephens & Company first published during December 1996. Originally, the paper was designed as an investment guide for IT networking companies. You can read the paper in its entirety here.
A New Way to Listen to the Music: ROIC
Over the long-term, an investor's primary focus should be value creation, how much value has been and will be created with the funds invested in and deployed by the selected company. This applies to both value and growth investors.
Return . . .
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