From my point of view there are no compartments such as the value pocket and growth pocket. As I mentioned earlier, both are like Siamese twins and you need to have both in order for you to create economic value.
Only if there is an economic value potential in the business can you hope to have market returns or a market value. It will be inconceivable to explain that business doesn't create economic value, but yet you can have market returns. That's like buying thin air.
It is equally inconceivable that there is a great amount of economic value being created but the market somehow doesn't recognise and there is no market value creation. So, neither of that happens, certainly not over a period of time.
In the short-run, any amount of craziness can prevail, but over a period of time, markets are extremely clinical and precise. I mean the wisdom of the market over the long-run is far higher than the individual brightness and wisdom of even the wisest man. So these artificial barriers and pockets is more a myth in the mind rather than a reality.
