Wally Weitz: From Traditional Value To Fast Growing Stocks
In his latest interview on the VVI Q&A Speaker Series at Brown University, Wally Weitz discussed his transition from traditional value to fast growing stocks.
Here’s an excerpt from the interview:
Weitz: It took me a long time to get around to some of the higher quality businesses because they… I think… I don’t know if this was characteristic of old-time value people but the idea of something growing fast was… it was clearly worth more but it took a long time before I actually was willing to believe that the growth rate could continue.