Skip to content

Daily Archives: September 28th, 2010

Quotes

“Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an [...]

Fashion

Fashion, or popularity,  is overvalued.