Learn how to calculate the written-down value (WDV) to determine the current worth of an asset after depreciation or amortization, also known as book value.

Key Takeaways Warren Buffett has pointed out that book value can significantly misstate the intrinsic value of a business.He ...

Discover how Magic Formula Investing uses a simple, rules-based approach to outperform the market and help you find ...

Warren Buffett has repeatedly reminded investors that book value is often a poor measure of a business. The calculation itself is simple: take the total assets minus liabilities. But book value, ...