Absolutely true. I love the amount of research that has gone into this article. The biggest misconception about value investing is that it is a purely numbers game. In fact value investing is buying a stock at a price which is lower than what it is worth and its “worth” price needn’t necessarily be the intrinsic value.

Opportunities, management, threats, growth prospects etc also need to be taken into account. Thanks for sharing this. Enjoyed reading through. Looking forward to reading more from you!