What is the difference between growth investing and value investing?

Growth investing involves investors who are attracted to companies that are expected to grow faster than the rest. Growth stocks likely carries more risk since they offer higher upside potential. The stock prices swings in greater magnitude, thus it is best suited for risk-tolerant investors with a longer time horizon.

While value investing is about finding companies whose stock prices don't necessarily reflect their fundamental worth. Investors seek businesses trading at a share price that's considered a bargain. investors typically benefit from dividend payments. Growth investment is also likely to be a safer investment than growth stocks.

Putting it in simple words below based on my own understanding.

Growth investing are investment into companies that have high chance of growth in revenue, earnings etc looking at income statement and business strategy. with increase in earnings, revenue etc, the stock price supposedly will go up as well.

Value investing are investment into companies that are not being priced correctly by the market using valuation metric (pe, p/b, dcf, p/cnav etc) which one can arbitrage in the future. and the fundamentals of the company is sound. Eg. increasing revenue, increasing earnings, low debt ratio, positive cashflow etc.