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HomeHomework HelpfinanceValue Investing

Value Investing

Value investing is an investment strategy that involves picking stocks that appear to be trading for less than their intrinsic or book value, often assessed by analyzing the company's fundamentals, including earnings growth and capital efficiency.

beginner
3 hours
Finance
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Overview

Value investing is a strategy that emphasizes buying stocks that are undervalued compared to their intrinsic value. This approach requires a deep understanding of financial analysis and patience, as it often takes time for the market to recognize the true worth of these investments. By focusing on f...

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Key Terms

Intrinsic Value
The perceived or calculated value of an asset, based on fundamental analysis.

Example: If a stock's intrinsic value is $50 but it's trading at $30, it may be undervalued.

Margin of Safety
The difference between the intrinsic value of a stock and its market price.

Example: A margin of safety of 20% means you buy a stock at 80% of its intrinsic value.

Fundamental Analysis
A method of evaluating a stock by examining related economic and financial factors.

Example: Analyzing a company's earnings, revenue, and market position.

Diversification
The practice of spreading investments across various assets to reduce risk.

Example: Investing in different sectors like technology, healthcare, and finance.

Market Price
The current price at which a stock is trading in the market.

Example: If a stock is trading at $25, that is its market price.

Value Stock
A stock that is considered undervalued based on its fundamentals.

Example: A company with strong earnings but a low stock price may be a value stock.

Related Topics

Growth Investing
Focuses on investing in companies expected to grow at an above-average rate compared to their industry.
intermediate
Technical Analysis
Analyzes statistical trends from trading activity, such as price movement and volume.
intermediate
Behavioral Finance
Studies the psychological influences on investors' decisions and market outcomes.
advanced

Key Concepts

Intrinsic ValueMargin of SafetyFundamental AnalysisLong-term Investment