I posted this on ZYL posts yesterday and thought you may enjoy...

I posted this on ZYL posts yesterday and thought you may enjoy on BCN. It is from Fat Prophets.

All good things come to those who wait.

We therefore invest in business rather than stocks. A falling stock price doesn't necessarily mean the value of the company is falling. As such we try not to be influenced so much by what the stock price is saying, but rather by what the company's earning and prospects are.

This view doesn't suit everyone, especially those with a short-term focus or those who believe that a company's stock price is always correct and reflects an accurate measure of the company's worth.

However in times of volatility it is worth remembering great Ben Graham's words: In the short-term the stock market is a voting machine, but in the long term it acts like a weighing machine. That is, if the company is doing well the share price will eventually take care of itself.