The idea behind value investing is buying assets at prices cheaper than their intrinsic values. So what is the intrinsic value of gold? Almost zero. You can't do a discounted cash flow on gold because it doesn't produce any cash. It doesn't do much at all, besides conduct electricity well. [more]
What are your favorite investing books? I've already read a lot and the majority weren't that good, so I was hoping you guys could give me some recommendations. Here are the ones I've already read and found the most helpful: [more]
Does anyone know, when CAPS calculates each stock's rating, does it weigh each player's pick based on their current rating or their rating when they made the pick? If it's not the latter, I think it should be. If it is the latter, you can just ignore the rest of this post :) [more]
Hey everyone... I guess commenting on blogs is the only way for players to communicate with each other so I'm setting one up.
I'm pretty new at investing and I'm still learning a lot, so I welcome any discussion. My style is fundamental analysis and buy and hold, since it makes the most sense to me. But I will mess around on CAPS with some stuff I would not put real money in. Yeah anyways, I don't know what else to write. Thanks for reading.