Many investors and public company owners and management look at their favorite stock price every day. Watching CNBC, Bloomberg and even the charts on the internet can give you up-to-the-second price updates. Many trade the price swings, and often, many lose money doing this. This is a result of our “just add hot water” culture that wants large returns right now.
It is tempting to look at an asset and make a determination purely on price. But for long-term investors, what you really ought to look at is value.