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This guide is a worked example: configuring a Driven Agent for a growth investing strategy. Growth investing has different priorities from value — durability of growth and the size of the opportunity matter more than buying below intrinsic value — and the setup reflects that. For other styles, see Value investing setup and Macro trading setup.

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Step 1: Create a dedicated Agent

Create an agent named "Growth Research" for a growth investing strategy.

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Step 2: Build the Playbook

Add to this portfolio's Playbook:

Philosophy: Growth investing. Own durable, high-growth companies expanding into large markets, and hold through volatility as long as the growth thesis holds.

Universe: US and Hong Kong listed growth companies, primarily technology, software, and emerging category leaders.

What I look for: high and durable revenue growth, large and expanding addressable markets, improving unit economics, strong competitive positioning, and a path to (or existing) profitability and free cash flow.

What I avoid: growth that is decelerating without a reacceleration path, businesses burning cash with no route to profitability, and companies whose growth depends on a single fragile driver.

Risk and sizing: maximum 10% per position, willing to tolerate volatility, but exit if the growth thesis breaks.

Research style: prioritize revenue growth durability, market size, unit economics, competitive moats, and the trajectory toward profitability. Be explicit about valuation risk given growth premiums, and state what would break the growth thesis.

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Step 3: Set up growth screening

Screen for US and Hong Kong companies with revenue growth above 20%, improving margins or a clear path to profitability, strong competitive positioning, and large addressable markets. Rank by the durability of the growth.
See Screen stocks by fundamentals.

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Step 4: Research candidates the growth way

Analyze [TICKER] as a growth investment. Cover revenue growth and its durability, the size and expansion of the addressable market, unit economics, competitive positioning, the path to profitability and free cash flow, valuation risk, and what would break the growth thesis.
For high-growth names, valuation needs care because of the premium: 
Run a Valuation Matrix on [TICKER]. Account for the growth profile, be explicit about the assumptions baked into the valuation, and tell me what growth and margin path the current price implies.

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Step 5: Monitor the growth thesis

For growth, the monitoring centers on whether growth is holding: 
Each quarter, review my growth holdings. For each, check whether revenue growth is holding, decelerating, or reaccelerating, whether unit economics are improving, and flag any where the growth thesis is weakening.
The single most important monitoring question for a growth holding is: is the growth still there?

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Step 6: Watch the deceleration risk

Alert me if any of my growth holdings shows signs of decelerating growth, margin deterioration, or a weakening competitive position.

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Common mistakes

  • Ignoring valuation entirely. Growth justifies a premium, not any price. Always check what the valuation implies.
  • Holding through a broken thesis. Growth investing tolerates volatility, but not a genuine breakdown in growth. Distinguish a dip from a deceleration.
  • Chasing the story. A compelling narrative is not the same as durable growth with sound unit economics. The Playbook keeps the focus on fundamentals.