One, it is the price that you think a rational and well-informed buyer would be willing to pay for the entire company.
It is the amount of cash that you expect if the company liquidated itself and distributed the proceeds to shareholders.
Or it is the present value of the amount of cash that you expect the company to generate over time, doscounted back to the present. That’s it.
And those are all really just different ways of saying the same thing. An intrinsic value is not a point. It changes over time and it is typically a range of values. Our goal is to try to come up with a reasable value bon what rational people would be willing to pay. — Keith Trauner of Goodhaven
Don’t forget to ask to be on their weekly mailing lists for investing articles and news/events. Just email them to be on their Emailing list.
email@example.com and firstname.lastname@example.org
Fairholme_Sears Case Study III August 2012 Asset Value CS
Viewpoints Of A Commodity Trader Excellent!