Warren Buffett: Why Intrinsic Value Matters More Than Book Value

Warren Buffett discusses the importance of intrinsic value in evaluating Berkshire's worth, emphasizing that operating businesses drive value beyond mere book metrics. Discover how Buffett calculates intrinsic value and why it should be a cornerstone of your investment strategy. Chapters: ``` 00:00 - Berkshire's Intrinsic Value 00:32 - Relevance of Book Value Per Share 01:08 - Method for Calculating Intrinsic Business Value 01:51 - Equities and Marketable Securities Discussion ```