Price is what you pay, value is what you get

In my last investment blog in reference to equity markets booming and reaching new highs I stated that price and valuation are different. A stock market index peaks but it may not be expensive. Similarly a stock market or a company‚Äôs share price may collapse or remain at a depressed level for an extended period, but it does not necessarily …

The Importance of Valuations and Value Investing

You could not have failed to notice that the FTSE 100 index has pushed past its previous all-time high of 6,930 in December 1999. As I write this morning it is trading at 6,952 up on the back of news that the date of US interest rate rises is likely to be pushed back. With equities doing well investors may …