In recent weeks we have spoken about our view about the risks in the current market place as stock prices have increased, but this has not necessarily been...

In recent weeks we have spoken about our view about the risks in the current market place as stock prices have increased, but this has not necessarily been driven by improvements in corporate fundamentals. This situation sometimes leads people to question the validity of Intrinsic Value as a core investing methodology. Is intrinsic valuation a valid method? (VIEW LINK)