2026-01-03 05:20:55

There has always been a saying I want to clarify with everyone: the ultimate value of a stock is still determined by the business itself.

Why do I say this? The simple and straightforward logic is—if the business is doing well, the business model is running smoothly, and the corporate culture is solid, then the stock price is not something external speculators can arbitrarily manipulate. The true determining factor is always how much cash flow this business can generate.

This is actually a restatement of an old investment principle: buying stocks is buying ownership of the company. Holding shares of a company is equivalent to owning the rights to the returns generated by that business.

So the key question arises—there's no need to chase short-term trading fluctuations, nor to follow the herd in buying high and selling low. Choose a good business, hold the stock firmly, and you can enjoy the real and tangible returns generated by that business. These returns won't disappear just because someone sells today or someone buys tomorrow; they are the genuine results of the business operations.

The noise from short-term traders is just that—noise—when viewed from a long-term perspective.

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CoconutWaterBoy

· 01-05 23:51

Well said, finally someone has clarified this issue. I am really annoyed by those who chase high and sell low every day; it's basically gambling, not investing. Hold onto good business, cash flow is the key, really.

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ZenZKPlayer

· 01-05 04:43

Well said, but I just want to ask, how many people can truly hold on tightly without letting go?

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airdrop_huntress

· 01-03 05:51

That's right, but the reality is that most people can't hold on at all; they panic at the first drop.

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FOMOSapien

· 01-03 05:49

Well said, cash flow is the real hard currency. Those candlestick charts are all illusions. Holding good companies is way more enjoyable than watching charts every day. The thrill of passive income is truly different. Short-term traders are just giving money to long-term holders, no problem. The business itself is awesome, and the stock price can't run away. I buy into this logic.

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GasFeeNightmare

· 01-03 05:34

Sounds good in theory, but what about reality? What I see is that good businesses are being driven down to floor prices, while bad businesses are being hyped up. Companies with strong cash flow are still hitting the daily limit down. What's going on?

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GweiWatcher

· 01-03 05:24

Well said, finally someone explains it thoroughly. Too many people are staring at the K-line all day, only to get cut multiple times, and they don't deserve to hold good businesses. Hold onto good assets firmly, be a hands-off boss, that's better than anything. Honestly, the vast majority lack this resolve, they panic at the first dip. This wave is about Warren's logic, simple and effective. Compared to those day traders, we are just earning time money. Cash flow never lies, that's the fundamental. Hey, but the problem is how to identify businesses that can truly generate sustainable cash flow, that's the difficult part. Holding onto a good business is really more cost-effective than anything else; time will prove everything. Agreed, I won't touch garbage companies even if they're cheap. To put it plainly, don't mess around; choose well and then just relax and collect the money.

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NFT_Therapy_Group

· 01-03 05:22

Well said, cash flow is the real king. Those speculative and intangible things will ultimately have to return to fundamentals. Hold onto good businesses; everything else is nonsense. It's much better than those day-trading chives with short-term volatility. That's why you need to study the project itself. Don't be fooled by short-term pumps. To be honest, most people are still gambling rather than investing; they simply don't understand. Cash flow > technical analysis > community hype, this order will never change. Good projects speak for themselves; there's no need to stare at charts every day.

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0xLuckbox

· 01-03 05:21

Well said, but too many people are brainwashed by short-term fluctuations and insist on chasing those superficial things. Good business is good business; cash flow is the key, hold on to it and it's all good.

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