Let Warren Buffett Lead You Through the Bear Market
If you ask most Americans, whether they personally invest or not, to name a famous investor, they'd likely name Warren Buffett -- and for good reason. The Oracle of Omaha has seen unprecedented success in the stock market, and thanks to his company, Berkshire Hathaway, many investors have become millionaires by simply coming along for the ride.
Aside from the billions Buffett has made from investing, one of the most impressive things about his success is how simple his investing strategy is. Buffett's philosophies can always be applied, but they can be even more relevant during bear markets.
There are two values associated with a stock: its stock price and its intrinsic value. A stock's price tells you how much investors are willing to pay for it, but a stock's intrinsic value is how much it's really worth (usually found using different financial metrics).
Source Fool.com
