An interesting article on value investing https://www.theglobeandmail.com/investing/investment-ideas/article-why-stock-picking-skills-do-in-fact-exist/
I agree with much of the article. The problem with "intrinsic value" is that, it sounds nice but each investor would give it a different value. They're taking an educated guess.
I prefer our fundamental, technical, sentiment based entries and averaging down method (like Buffett uses). Between it all, we capture value that's later on realized. And I prefer our technical/charting exits because they are more defined.
Most value investors don't believe in (or admit up to believing in) technical analysis. Yet it gives us great edges over the traditional value investor that doesn't know or use these tools. Some don't use sentiment extremes either, like we do.
I know that I used to struggle mightily with emotions when investing....I would buy a stock that I liked and then because I liked it, would hold onto it even though it was spiraling down the drain....It has taken several years to set aside emotions when investing (I still struggle with it!) and rely on the sound advice provided with Sean's recommendations in the monthly newsletters and weekly videos!