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Investment Value - Investment Value is buying a stock, or indeed a business, at less than its intrinsic value. This pioneering method of investment was by Benjamin Graham, the father of securities analysis, and has been modified and enhanced by such legendary investors with great knowledge. The stock took the position that value investment was the only real form of investment; anything else was mere speculation. The other investment theories such as the modern portfolio theory, mixing unrelated stocks in a portfolio gives less volatility than the average volatility of the stocks. The market price of a share reflects the information of the stock. |