Difference between face value, book value and market value

cc @Greenbackd “Investing isn’t hard. Buy stocks below intrinsic value.” “How do you calculate intrinsic value?” “That’s hard.” — Dave Collum (@DavidBCollum) September 11, 2015 Had a hearty chuckle when I read this tweet that accurately summarizes my understanding of value investing. It’s all very well to say you only buy value but incredibly hard to be sure about what constitutes value. I retweeted it only to get a response that read “Leave alone intrinsic value, I’m not even clear about the difference between terms like face value, book value and market value!” I thought to myself, that one I can

Read more