I actually prefer the businesses I hold to roughly track my...

I actually prefer the businesses I hold to roughly track my estimate of intrinsic value. If it hangs around $1.90 to $2.20 per share, increasing over a number of years with business growth, I will be happy.

I prefer other like minded investors to hold the business. Investors will hold despite temporary weakness or strength. Traders will manic dump or manic buy which means volatility. Traders or trading stocks make me run in the other direction.