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in fact further to the above post, Warren Buffett shows scorn, to those that think such thinking is necessary: 'Why is it that the rich rock up in their limo's to seek advice from those catching the subway to work' or words to that effect.

And as every sub-market goes through its cycle, we go back to this essential 'thing'. Let me tell you, out of a population of 100, 10 might be good investors, 10 might be good 'traders'. However its not a mutually inclusive situation. The number in the population who are both good...

For me i think the determination of whether someone is an investor or a trader the key determination to long term wealth creation. If someone believes they are an investor then a focus on intrinsic value is of vital importance. If someone believes they are a trader, then they must follow...

A focus on intrinsic value is a state of mind. In regards to property There is no precise way to place a value. Your idea of value and mine might be two completely different things (i am not talking speculative 'value' here). In simple terms you might be more proficient than me in...

{Edit - this thread split from here} Maybe it relates to the underlying INTRINSIC VALUE:D Intrinsic value doesnt just apply to shares. Basicaly intrinsic value is a search for the underlying 'value' of an asset without the hype, ie remove the popularity contest and try to figure out what...