Invest for the long term
"In the short run, the stock market is a voting machine, but in the long run, it is a weighing machine." —Benjamin Graham
Stock prices are all over the place in the short term, but the true worth of a company is revealed over time. Unless they are day trading, investors need the view from 30,000 feet, not an electron microscope.
"The market will weigh value in the long run," says M. Brendon Marks, business development at Hodges Capital Management in Dallas.