Price is what you pay. Value is what you get.


Most people have no idea what the difference is.
They buy because the stock is going up.
They sell because the stock is going down.
That is the opposite of how you build wealth.
When a quality company drops 30% it did not get worse.
It got cheaper.
That is not a warning sign.
That is a green light if you did the work to understand the business before it fell.
Intrinsic value is the only thing that matters. Everything else is just price noise.
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