"Value", as defined in Value Investing, is simply the act of buying something for less than its worth.
Hi Aaron, your perspective has broaden my understanding of value investing, especially on the said "assymetrical risk:reward" approach. Never would I have think of to take care of the downside and also putting a "bet" on a stock with risk reward ratio perspective. Thanks!
I think of value investing, a very complex, yet simple approach towards money making. Value investing, it its essence, is common sense investing, and as common sense today, in the barrage of information and needlessly complex financial models, has become some sort of special sense, value investing though appearing simple in theory, has become extremely challenging to implement.