Core course
Intrinsic value
The criterion stated on the profile: do not enter shares that are already expensive. A course on the margin of safety, without magic formulae and without a universal “right” price.
- Duration
- 8 hours
- Format
- Online, at your own pace
- List price
- 640 €
What you take away
- Separate estimated value from market price
- See where a model is fragile
- Write an entry rule before opening the position
Syllabus
Module 1
Price is not value
- Why a rising share can be worse than one standing still
- Mental anchors
Module 2
Estimates, not certainties
- Explicit hypotheses
- Sensitivity: what happens if the hypothesis is wrong
Module 3
The margin
- Enter with a gap
- When doing nothing is the decision
The course is educational. It does not include recommendations on your assets and it is not a management service.