And just like any other store, some of this merchandise will be overpriced, while some of it will be priced at levels
cheaper than intrinsic value.
Not exact matches
If the quoted price is significantly
cheaper than your estimated
intrinsic value, you buy the stock or buy more of it if you already own it.
With
value investing, you're using a formula to calculate the «
intrinsic value» then buy companies that are selling
cheaper than what they're «worth».