Intrinsic Value Quotes

• Manners must adorn knowledge and smooth its way in the world, without them it is like a great rough diamond, very well in a closet by way of curiosity, and also for its intrinsic value; but most prized when polished.

  Lord Chesterfield

  Knowledge, Jewels, Curiosity

  57 Copy quote

• We are the men of intrinsic value, who can strike our fortunes out of ourselves, whose worth is independent of accidents in life, or revolutions in government: we have heads to get money, and hearts to spend it.

  George Farquhar

  Money, Heart, Adventure

  William. II Congreve William Wycherley (John Vanbrugh and Farquhar George), William. II Wycherley, William Congreve, George Farquhar, John Vanbrugh (1840). “Dramatic Works with Biographical and Critical Notices by Leigh Hunt. - London, Moxon 1840”, p.643

  24 Copy quote

  Show source

• Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.

  Warren Buffett

  Taken, Cash, Defined

  Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.220, John Wiley & Sons

  23 Copy quote

  Show source

• Music has an intrinsic value that touches Americans - they love their music, and want more.

  Hilary Rosen

  Want, Values

  24 Copy quote

• Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

  David Ricardo

  Gold, Arbitrary, Scarcity

  David Ricardo, John Ramsay McCulloch (1846). “The Works of David Ricardo ...”, p.263

  25 Copy quote

  Show source

• Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an estimate that must be changed if interest rates move or forecasts of future cash flows are revised.

  Warren Buffett

  Moving, Taken, Simple

  Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.220, John Wiley & Sons

  21 Copy quote

  Show source

• You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.

  Michael Lee-Chin

  Cash Flow, Giving, Gold

  16 Copy quote

• In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.

  Warren Buffett

  Book, Years, Percentages

  Richard J. Connors, Warren Buffett (2010). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.220, John Wiley & Sons

  16 Copy quote

  Show source

• In an efficient market at any point in time the actual price of a security will be a good estimate of its intrinsic value.

  Eugene Fama

  Efficient, Security, Values

  41 Copy quote

• Paper money eventually returns to its intrinsic value - zero.

  Voltaire

  Zero, Historical, Paper

  58 Copy quote

• Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.

  Peter Schiff

  Gold, Dollars, Debt

  7 Copy quote

• The basic concept of value to a private owner and being motivated when you're buying and selling securities by reference to intrinsic value instead of price momentum - I don't think that will ever be outdated.

  Charlie Munger

  Thinking, Momentum, Buying

  18 Copy quote

• The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.

  Warren Buffett

  Investing, Buffets, Investment

  8 Copy quote

• The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain.

  Benjamin Graham

  Past, Gold, Commodity

  "Storage and Stability". Book by Benjamin Graham.Part III, Chapter X, The Status of Gold and Silver, p. 127, 1937.

  11 Copy quote

  Show source

• In essence, the stock market represents three separate categories of business. They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value. The preference, always, would be to buy a long-term franchise at a substantial discount from growing intrinsic value.

  Michael Burry

  Essence, Long, Would Be

  41 Copy quote

• If you buy something because it's undervalued, then you have to think about selling it when it approaches your calculation of its intrinsic value. That's hard. But if you buy a few great companies, then you can sit on your ass. That's a good thing.

  Charlie Munger

  Thinking, Ass, Selling

  16 Copy quote

• A weakness of the random-walk model lies in its assumption of instantaneous adjustment, whereas the information impelling a stock market toward its "intrinsic value" gradually becomes disseminated throughout the market place.

  Richard Arnold Epstein

  Lying, Weakness, Information

  "The Theory of Gambling and Statistical Logic". Book by Richard Arnold Epstein, 1977.

  4 Copy quote

  Show source

• Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.

  Warren Buffett

  Long, Term, Values

  8 Copy quote

• It's a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.

  Alan Greenspan

  Imagination, Able, Bitcoin

  15 Copy quote

• So if you are seeking something else in the name of creativity, then drop the idea of being creative. At least consciously, deliberately, do whatsoever you want to do. Never hide behind masks. If you really want to be creative, then there is no question of money, success, prestige, respectability. Then you enjoy your activity; then each act has an intrinsic value. You dance because you like dancing; you dance because you delight in it.

  Rajneesh

  Creativity, Names, Ideas

  5 Copy quote

• Flint has the potential to produce fire, and gems have intrinsic value. We ordinary people can see neither our own eyelashes, which are so close, nor the heavens in the distance. Likewise, we do not see that the Buddha exists in our own hearts.

  Nichiren

  Distance, Heart, Eyelashes

  62 Copy quote

• Intrinsic value is not measured by how much money you make,
  it's measured by the size of the problem you solve.

  Joe Jordan

  Size, Problem, Solve

  6 Copy quote

• It is not possible to be a scientist unless you believe that it is good to learn... that it is of the highest value to share your knowledge... with anyone who is interested... that the knowledge of the world, and the power which this gives, is a thing which is of intrinsic value to humanity

  J. Robert Oppenheimer

  Believe, Giving, Humanity

  11 Copy quote

• People with intelligence must use their intelligence, people with eyes must use their eyes, people with the capacity to love have the impulse to love and the need to love in order to feel healthy. Capacities clamor to be used, and cease their clamor only when they are used sufficiently. That is to say, capacities are needs, and therefore are intrinsic values as well.

  Abraham Maslow

  Eye, Order, Capacity To Love

  "Toward a Psychology of Being".

  28 Copy quote

  Show source

• There is no intrinsic worth in money but what is alterable with the times, and whether a guinea goes for twenty pounds or for a shilling, it is the labor of the poor and not the high and low value that is set on gold or silver, which all the comforts of life must arise from.

  Bernard de Mandeville

  Money, Gold, Twenties

  "The Fable of the Bees". Book by Bernard Mandeville. "An Essay on Charity, and Charity-Schools", p. 345, 1732.

  8 Copy quote

  Show source