Intrinsic value doesn’t seem like it can be intrinsic if it uses extrinsic inputs like risk free rate and equity risk premium. This all seems influenced by human social practices and rituals, and that is okay. Have been wondering about this lately.
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Replying to @PrasadPradyu
Then this is still extrinsic because it relies on external preferences? But I’m not opposed to valuing however you want. I may be being too pedantic about terminology. Will think on that.
9:15 AM - 15 May 2020
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