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Investing Glossary:
Value manager
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| A Manager who seeks to Buy stocks that are at a Discount to their "fair value" and to Sell them at or in excess of that value. Often a value Stock is one with a low price-to-book value ratio. Opposite of to growth stock.
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