Title: The Difference Between Investors and Speculators
Headings: The Difference Between Investors and Speculators
Assets & Markets Stocks
The Difference Between Investors and Speculators
Why Speculators Buy Stock
How Does Investment and Speculation Affect Stock Price?
Fundamentals Matter to Investors
Fundamentals Are Not a Myth

Content: This leads to stocks becoming dramatically overvalued when everyone is interested and unjustifiably undervalued when they fall out of vogue. This manic-depressive behavior creates the opportunity for us to pick up companies that are selling for far less than they are worth. Fundamentals Matter to Investors
A fundamental belief among value investors is although the stock market might wildly depart from the fundamentals of a business in the short-term, in the long-run the fundamentals are all that matter. This is the basis behind something the father of value investing, Ben Graham once wrote: "In the short-term, the market is a voting machine, in the long-term, a weighing one." Have you ever heard anyone say that the economic fundamentals of a company have no relation to the stock price? This is completely false. A simple response should be all that is required. Ask them "If fundamentals don't matter, what if Coca-Cola never sold another bottle of Coke? How long do you think the stock price would stay at its current level?"