Add training workflow, datasets, and runbook

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+Risk and the Intelligent Option Investor   • 265
+For an intelligent option investor who has a long-term worst-case 
+valuation that is now 20 percent higher than the market price, there is a 
+wonderful opportunity to sell a put and receive a fat premium (with the 
+possibility of owning the stock at an attractive discount to the likely fair 
+value), sell a put and use the proceeds to buy an OTM call LEAPS, or sim-
+ply buy the stock to open a position.
+Indeed, this strategy is perfectly in keeping with the dictum, “Be fear-
+ful when others are greedy and greedy when others are fearful. ” This strat-
+egy is also perfectly reasonable but obviously rests on the ability of the 
+investor to accurately estimate the actual intrinsic value of a stock. This 
+brings us to the next form of risk—valuation risk.
+Valuation Risk
+Although valuation is not a difficult process, it is one that necessarily in-
+cludes unknowable elements. In our own best- and worst-case valuation 
+methodology, we have allowed for these unknowns by focusing on plausi-
+ble ranges rather than precise point estimates. Of course, our best- or worst-
+case estimates might be wrong. This could be due to our misunderstanding 
+of the economic dynamics of the business in which we have invested or 
+may even come about because of the way we originally framed the problem. 
+Thinking back to how we defined our ranges, recall that we were focusing 
+on one-standard-deviation probabilities—in other words, scenarios that 
+might plausibly be expected to materialize two times out of three. Obvi-
+ously, even if we understand the dynamics of the business very well, one 
+time out of three, our valuation process will generate a fair value range that 
+is, in fact, materially different from the actual intrinsic value of the stock.
+In contrast to market risk, which most often is a nonmaterial and tem-
+porary issue, misestimating the fair value of a stock represents a material 
+risk to capital, whether our valuation range is too low or too high. If we esti-
+mate a valuation range that is too low, we are likely to end up not allocating 
+enough capital to the investment or using inappropriately light leverage. 
+This means that we will have missed the opportunity to generate as much 
+return on this investment as we may have. If we estimate a valuation range 
+that is too high, we are likely to end up allocating too much capital to the