Long Game
Stock prices are voting machine in the short run and weighing machine in the long run.
why do I say that? Well we all know that good companies' share price will go up in the long run even in face of volatility in the short term. The question is how can we choose the right company with good sales and support team coupled with good research and development team who keeps the innovative products and services coming on stream constantly.
We should also avoid overpaying as this is a recipe for mistake. Like what Warren buffet said, paying a fair price for a good company is better than paying a ridiculously high price for a decent company.
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