Volatility of prices : stable value

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! 🙂

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Posted in Tips & Tricks

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