**I should make clear that this is not a series that’ll tell you how to invest, or what to look for. It is only designed to help improve your investing process by observing the processes of some of the world's greatest money managers.
Defining Intrinsic Value: Observing The World’s Greatest Money Managers Pt. 1
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What discount to look for?
What discount to intrinsic value should you look for before buying? Clearly, it’s up to you. With so many variables going into each calculation, it’s possible that every single investor trying to place a value on each stock will come up with a different intrinsic value and different watermark at which to buy.
Mohnish Pabrai looks for a 50%, or more, discount...
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