Investing with Montaka provides domestic and international clients the opportunity to benefit from both the value created by extraordinary businesses
purchased at discounts to intrinsic value, as well as the decline in value of deteriorating businesses and industries.
Conversely, if I invest in a business that can be
purchased at a discount to its intrinsic value, and that value is growing, then all I have to do is wait and be patient.
Not exact matches
We used the proceeds
to purchase names trading
at a larger
discount to our estimate of
intrinsic value.
Value investing means I am seeking to purchase stocks that are trading at a meaningful discount to my perception of their intrinsic value — finding the market price is easy, but estimating intrinsic value is
Value investing means I am seeking
to purchase stocks that are trading
at a meaningful
discount to my perception of their
intrinsic value — finding the market price is easy, but estimating intrinsic value is
value — finding the market price is easy, but estimating
intrinsic value is
value is not.
The whole premise of
value investing lies in
purchasing investments
at a substantial
discount to their
intrinsic value.
Current circumstances allow the investor
to purchase shares in the company
at a significant
discount relative
to its long - term
intrinsic value.
The
intrinsic value is simply the amount by which the stock's current price is higher than the call strike - it's the current
discount to the stock's price that you get if you exercise the call, thereby
purchasing the stock
at the strike price.
Our approach can best be summarized as making concentrated investments in well - managed, high quality companies that are
purchased at significant
discounts to their
intrinsic values.
Thus if you
purchase with a
discount to your
intrinsic value (say a margin of safety of 30, 40 or 50 %) it doesn't matter if the share price goes down; in fact this is only an opportunity
to purchase MORE of the company
at an even GREATER
discount.
If its worth so much more than the market price might he not just step up and
purchase all the remaining shares
at even a 10 %
discount to his estimate of
intrinsic value?
The objective of
value investing is
to purchase assets that trade
at a
discount to their
intrinsic value.
2008 was the last time in recent memory when were loads of assets in many asset classes available for
purchase at a substantial
discount to their
intrinsic value.
The only true buffer against downside risk is proper stock analysis and
purchasing an equity
at a
discount to it's
intrinsic value.
Shares are currently trading around $ 360 a pop, which means that Apple can be
purchased at about 30 %
discount to its
intrinsic value.
There are some assets for which an
intrinsic value can't be computed, but that is a different question than whether an asset should be
purchased at a
discount to its
value.
Only businesses demonstrating the brightest prospects - and available for
purchase at what we regard as a
discount to intrinsic value - will be considered for inclusion in The Montgomery Fund portfolio.
Value investors on the other hand want to purchase stocks at a discount to intrinsic value and are very price sensi
Value investors on the other hand want
to purchase stocks
at a
discount to intrinsic value and are very price sensi
value and are very price sensitive.
Many times, the real estate IRA investor can
purchase a promising vacant property
at a substantial
discount to its
intrinsic value, which make these properties attractive
value investments — especially for those real estate IRA investors who have the capital
to upgrade these properties and make them once again attractive
to tenants
at a reasonable rent.