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Scott Reardon: Quantitative Deep Value & Qualitative Fundamental Portfolios

The Security Analysis Podcast

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The Importance of Intrinsic Value

I always thought there's this intrinsic value. And if it goes below that, it's just an aberration. Yeah, it turns out that that's not a concrete number. As long as you know, the intrinsic value, you're fine. And it'll eventually always drift back up to that. I'm kind of curious why you picked finance after kind of setting yourself up for a law degree or a law career. Well, what happened is I graduated in 2002 in a recession and it was just really hard to get a job.

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