Don't Ignore this Warren Buffett Metric - TBV

Why would anyone ignore a metric one of the richest persons in the world uses. Tangible book value is a key metric Warren Buffett uses for looking at companies as well as judging his own investment vehicles (Berkshire Hathaway) success.

Im focused on IQ IQ Iqiyi stock, and Im emboldened because of IQ's tangible book value. Its a potential grower for the next years and being at low TBV gives me confidence that its a good value now at around the 2 dollar range.

I also show in this video 2 other example cases ( GME GME and XOM XOM) where TBV was useful to gauge value during peak fear and overselling periods.

Hope you enjoy!