If your bull case to buy a stock is “a sharp price drop” or "price is going to the moon”, you don’t have a bull case.

The funny thing about using the last transaction price as a proxy for the fair value is; that even the two people, buyer, and seller, who caused the transaction do not agree that the transaction price is the fair value of that stock. They have opposite views about the real value.

Markets can be volatile from time to time; however, stock prices follow earnings accumulation over the long term.

Always remember, the minority dictates the price. A company may have billions of shareholders, but it only takes one shareholder to change the price.

Prices are adjusted up to the cumulative perception of risk of all market participants.

in a rising price environment, party culture and a gambling mindset take over. People think it is easy to make money, and it is fun. The stock market is a big giant casinowhere the odds are in favor of gamblers. The more you play, the more you win. However, the facts are precisely the opposite.

It is essential for a stock investor to understand the pricing model of the bonds.

The most significant benefit of a diversified portfolio is psychological stability when you need it the most.

In concentrated portfolios, market fluctuations are magnified. All market noises look like real events.