Value stocks and Growth stocks are joined at the hip. We try to learn to value stocks that are matured with predictable growth rates and buy them below what its worth. We also try to learn how to value stocks that are in the growth stage with somewhat unpredictable growth rates.
The latter looks appealing because get that right in the infant or early stage, a $10,000 investment may turned to $200,000 when it goes ballistic for a 2000% move.
That is why everyone wants to buy the next Apple or Priceline.
People call these outlier companies UNICORNS.
However could you ever hold on to this mad bull?
Micheal Batnick, provides an outstanding quantitative data on some of the famous USA Unicorns.
Take a look at the maximum drawdowns, it is one thing to see the numbers it is another to feel it when your money goes down by so ......