The main reason for a person to read Genre Fiction is for entertainment, for a riveting story, an escape from reality. Literary Fiction separates itself from Genre because it is not about escaping from reality, instead, it provides a means to better understand the world and delivers real emotional responses.
Apple's share price at the time of this writing of $128.50, the stock is trading at a 28% margin of safety to the fair value of the stock when using a 10% discount rate for calculating the present value of future cash flows.
Apple's stock has been pretty rotten lately. The iPhone maker's shares have declined from their all-time peak of nearly $135 last April to a recent $96.96, a drop of 28%. That's left investors pondering whether Apple (aapl) is now a screaming buy. Based on the most commonly-accepted metrics, it sure looks that way.