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DDobserver

11/17/16 11:08 PM

#5645 RE: TheHound #5642

You asked me what kind of person uses intrinsic value for......

You can start with a person that does not follow the herd, that quants are paid well for a reason, and that algorithms are used to create volatility not truth or objective reasoning.

I would suggest reading the book, Security Analysis, sixth edition, Benjamin Graham and David L. Dodd. Then read Algorithmic Trading & DMA,Barry Johnson, 2010. When you have read and fully digest the information I can give you thirty other titles to read.

In the event you are unaware of Benjamin Graham he is one of the mentors to that impoverished guy named.......... Warren Buffet.