Warren Buffet once stated that value and price are not equal. He actually quoted
Price is what you pay. Value is what you get.
I always try to keep that in mind. It is harder when you get the price volatility we currenty have on our stock portfolio. At mid-march portfolio gain for the year was at 29.5%. From that high return we droped back to 20%. Value of our businesses did not falter at all. Actually, I am more exited by the companies future than ever!
I’m focused on value, lets pour more cash in this market and these shares! 🙂