How To Buy Low: The intrinsic value of a security is critical for value investing, as it tells us how much the security is worth considering all of the facts: company assets, earnings, dividends, and the company’s risk profile. Inevitably, market prices can become distorted, and the price of individual securities will trade above or below its intrinsic value. When prices are below a securities intrinsic value, it is a buying opportunity, and we see many securities now priced below their intrinsic value after the sell-off that occurred at the end of 2018.