Warren Buffett’s Three-Step Process For Valuing Stocks

“Price is what you pay, value is what you get,” is one of Warren Buffett’s best-known quotes. In investing, price and value are not one and the same. Q4 2019 hedge fund letters, conferences and more The market price offered is only a reflection of investor sentiment, and it does not reflect the intrinsic value of a business. The intrinsic value of a business is admittedly a somewhat imprecise estimate of its underlying fundamental value. Still, it is less volatile than the market price, which can fluctuate substantially from week to week. If you’re looking for value stocks, and exclusive…