August 28, 2024

“And when prices rise, people feel more confident about that investment. They buy more, pushing the price even higher.”

7:08 AM

“But the dog’s on a leash, so it can’t get too far ahead of its owner.”

8:43 AM

“You can look at the earnings growth of any stock you choose. Over a long period, the stock’s price might jump around, but it will never disconnect itself from the business earnings. To see a few examples for yourself, you can log on to *The Value Line Investment Survey.* The US research company offers free, online historical data of the 30 Dow Jones Industrial stocks.”

10:13 AM

“But thinking about the market as a group of businesses, and not a squiggly line on a chart or a quote in the paper, can fertilize your wealth”

10:58 AM

“*Only those who will be sellers of equities [stock market investments] in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.*[15](private://read/01j2qyrwepbe3jw831q7j1nh55/#c04-note-0015)”

3:07 PM