Chuck Carnevale submits:
GARP: Growth at a Reasonable Price
Fightin’ Words – The first time I was called a GARP manager, I thought it was an insult. However, when I learned what GARP stood for I was immediately flattered. Growth at a Reasonable Price is, in truth, a great way to invest for capital appreciation. It’s also important to make the distinction between a GARP investor and a value investor.