Wild day in the market—NASDAQ swung nearly 2% before closing down 0.82%, and yet since April 8th, stocks like Nvidia have gone absolutely parabolic, up 77% in less than five months. That kind of price action has nothing to do with intrinsic value and everything to do with market emotion, hype, and noise. This is exactly why I focus on valuations and fundamentals, not headlines or superstitions. If you’ve got a long-term horizon and the discipline to ignore short-term chaos, you’ll do just fine.
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