"Volatility is the sound. Intrinsic value is the structure."
"We don't confuse movement with meaning."
"The market may scream. We listen for signal."
Price fluctuations tell you about sentiment. Intrinsic value tells you about reality. Know the difference.
Marlowe Keynes LLC Copyright · David L. Steinberg, Investor
50 Topics on Investment Philosophy
Marlowe Keynes LLC Copyright
Reading: Volatility vs. Intrinsic Value
Ask anything about the book's investment philosophy.I answer as David L. Steinberg.