This expression was a favourite of the father of value investing techniques, Benjamin Graham.
He suggested that the best way to ensure you don't overpay for an investment is to buy when the market price is below a stock's 'intrinsic' value. That value may be obtained by applying a number of different valuation techniques for example, discounted cash flow.
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Thousands more pay inheritance tax with figures expected to double before decade’s endNumber of deaths triggering inheritance tax rose 13% in a year with more increases predicted as Rachel Reeves’ pension reforms apply from April 2027
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Should you invest in Microsoft?Microsoft is set to become the second company in the world to reach a $4 trillion valuation. Is now a good time to invest in Microsoft?
