Investing Using Intrinsic Value Method

[Tolley]

I was wondering whether any investors here use the method for investing in shares of calculating the intrinsic value of the share price.

I think it was first used by Warren Buffet and Ben Harper although I am following the adapted methodology used by Roger Montgomery (Australian investment advsier).

It is based on a mixture of computations but the basic premise is that if you find a share that is a big discount to its intrinsic value then that is the time to buy it.

I have had very good success using this model over the last year and was wondering if anyone else is following this methodology with any success over a longer time frame?