For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
Warren BuffettI'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
Warren BuffettLike most trends, at the beginning it's driven by fundamentals, at some point speculation takes over. What the wise man does in the beginning, the fool does in the end.
Warren Buffett