3) Investor Style

a) A manager invests in high P/E, high P/B and high earnings growth type stocks, what is their style of investing?

b) If the manager begins to shift to stocks with moderate growth levels with average P/E and average P/B ratios, what is their investing style now?

c) What is the issue with this shift in portfolio focus?

d) What would be the more exhaustive way to analyze if a manager was drifting from growth to market oriented?