Warren Buffett built his entire BRK empire around this concept.
The word "value" in some academic settings is used as a thing that is contextual and subjective, but in daily conversation, if I said the value of a bag of peanuts was a billion dollars people will think I'm crazy.
Due to that fact alone, one can assume that in typical conversation, employment of the word "value" refers to "intrinsic value" rather than the "subjective value"
https://en.wikipedia.org/wiki/Intrinsic_theory_of_value
Warren Buffett built his entire BRK empire around this concept.
The word "value" in some academic settings is used as a thing that is contextual and subjective, but in daily conversation, if I said the value of a bag of peanuts was a billion dollars people will think I'm crazy.
Due to that fact alone, one can assume that in typical conversation, employment of the word "value" refers to "intrinsic value" rather than the "subjective value"