Something I've learned about investing
Even when a stock I own has fallen precipitously, my ownership of the underlying company doesn't need to change. The market’s assessment of the company’s prospects changed but it can change just as dramatically the next day, or week or year.
It is hard enough to predict a company’s future prospects; it is hopeless for me as a retail investor, to try to predict how the market will assess the company in the near-future. I’ve learned to not bother trying.
Thanks for sharing. I agree that trying to predict what Mr. Market will price a company in the near future is a rather draining and dismal endeavor for a retail investor.
What gives me comfort is knowing I have done my research and homework on the company and factored in the risk in the long term. I am aware of the short-term noise but don't act unless it fundamentally disrupts my thesis with regard to this, I think my favorite quote to subscribe to is "Know what you own, and know why you own it."
