Many times we have heard investors describe themselves as a value investors but how many of them are actual value investor? Value investor has to be one of the most over used and abused description used by retail investor to describe oneself. According to Investopedia, value investing is an investment strategy where stocks are selected that trade for less than their intrinsic values. The concept is basically buying a stock you believe to be undervalued and applying a margin of safety to what you believe is the intrinsic value. This ensure that in the event of a mistake, your capital is protected. The key focus is protection of capital and not swinging for the home run for every pitch. Why is being a value investor hard? Difficulty in measuring intrinsic value Measuring the value of a company can be a very tricky business. One has to understand accounting before even attempting to ......