I know that valves are supposed to be adjusted at operating temperature, but that can be very difficult to do considering that as your working on one set of valves the others are cooling down. What I do is get the valves as close as I can hot and let the engine cool overnight. I then pull a valve cover while it is cold and check the first pair of valves that I had adjusted when hot. Iron block, with aluminum head will be around .004" tighter when cold. So if your target clearance is .020", then with a stone cold engine it would be .016". Each engine will vary, because there are plenty of variables that are at play. The nice thing about this method of cold adjusting is that your not trying to hurry because the engine is cooling on you. I'm not saying this method is better than the standard method of adjusting valves. It works for me.