MSB 1.64% 90.0¢ mesoblast limited

RANT Warning - the NOT so Intelligent Investor, page-2

  1. 16,723 Posts.
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    @Moreforme,

    Can you please explain something to me?

    Why do you give the slightest damn what anyone says or writes about MSB?

    If you have conviction in your investment, and you are certain that the intrinsic value of the business is higher than the current market value, then ultimately the market value of the business will ultimately reflect the intrinsic value.

    And there is nothing any part of the commentariat can say or do to change that.

    Markets can misprice the true fundamental value of equity for a finite period only, but ultimately intrinsic value and fundamental value must converge.

    That is a fundamental axiom of capital markets.

    So what is the use of getting stressed about what anyone else says or thinks?

    Because as many market participants there are, that's how many unique points of view will exist at any given time.

    And if you stress about all of those opinions that don't coincide with your own, you will spend your entire investing life doing so.

    So why stress about something over which you can never have any control?

    Just an honest question.
    Last edited by madamswer: 05/11/15
 
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