What is the difference between a stock’s price and intrinsic value?
Learn how to determine a stock’s intrinsic value, and how to make sure you pay less than the value you receive.
John Szramiak, the founder of VintageValueInvesting.com, joins Doug Goldstein to discuss the importance of knowing the intrinsic value of your stock selections. John is a firm believer that the intrinsic value of a stock is its real strength.
Hello all Vintage Value Investors! I was recently interviewed on Doug Goldstein’s finance radio show, which is broadcast to over 50,000 listeners around the world and on Israel National Radio. Doug is an amazing host and has interviewed some incredible people, including Daniel Kahneman (author of Thinking, Fast and Slow), Harry Markowitz (Nobel Prize winning economist known for his pioneering work on modern portfolio theory), Pat Flynn (founder of Smart Passive Income), and James Clear (entrepreneur and author). It was definitely a privilege to be on his show.
In my interview with Doug I talk about Mr. Market, the fallacy of value stocks vs. growth stocks, and what Graham-and-Dodd-style value investing is all about. Doug follows up our conversation with a really good explanation of why you should think about risk as the chance of not meeting your financial goals, instead of as volatility.
To listen to my section of his show, head on over to Doug’s website and then skip ahead to 7:45!
A transcript of the show is also available in Doug’s show notes.
I hope you enjoy the interview! Let me know what you think in the comments section below! 🙂