posted by mark
on Tue, 06/26/2018 - 16:16
Question 1:
Does the tail wag the dog or does the dog wag the tail?
Correct. Yes, the dog wags the tail!
Question 2
Does the market drive stock prices or does the stock drive the market prices?
However you answered this tells a lot about how you look and think about stock prices.
If the market drives the stock prices in your mind, you are a trader/speculator. You are riding the wave! "Hey dude, wanta ride the curl, man!"
If the stock drives the market prices in your mind, you are an investor. Value is an inherent to the asset.
Think about it! This is why stocks can often be undervalued or overvalued.
Value investors love the value surfers create!
