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.
Shares of Apple have hit the $119.95 mark in intraday tradingâa 14-month highâback in January. For an even better comparison, the companyâs stock price hit a 52-week low of $89.47 in May 2016.