Investing in the stock market can seem like venturing to a foreign country where the inhabitants speak a language you don’t understand. People are shouting numbers and terms that are meaningless to you. Screens flash, letters and numbers scroll across endlessly, and it seems to be utter chaos.
Welcome to Wall Street.
The world you see on cable television and buzzing around the internet is only part of the picture. This part of Wall Street is dedicated to stock market traders, and every market move up is cause for celebration and every move down cause for alarm.
The other part of Wall Street is quiet, calm, and logical. It’s where you find long-term investors who buy great companies at great prices and let them build wealth over time. ...