One fundamental puzzler is how to determine that precise private value market or intrinsic worth.

FORBES: Five Value Stocks That Gamco Investors' "Focus Five" Team Expects Will Sharpen Your Market Edge

Offsets, however, are notoriously complex and expensive to develop, and fail to recognise the intrinsic worth of the standing forest.

ECONOMIST: Letters

Not, in this case, whisky - although we may take for granted that he is well aware of the intrinsic worth of the water of life as far as the Scottish economy is concerned.

BBC: Alex Salmond's Plan Macb

If you believe in the inflation story then likewise you will be bullish on stocks, or at least looking for somewhere to put your money that will not eat it alive as money falls in value against things of intrinsic worth.

FORBES: Bear Market Over As U.S. Heads Into Recovery

In exchange, each individual presenting a luxury item would receive a piece of engraved silver plate (typically in the form of cups, bowls and spoons), which because it came from the queen herself, had a "value" far beyond its intrinsic worth.

BBC: A Point of View: Dazzling in an age of austerity

Paper currencies have no intrinsic value and need the appearance of worth to inspire public confidence.

ECONOMIST: The business of printing money thrives on financial crises

It presumes that the market price is the best estimate of a stock's intrinsic value, or what all its current and future cash flows are worth.

WSJ: Intelligent Investor: Don't Bet the House on Efficient-Market Model