Investing in the Stock Market

value investing essentially boils down to examining the broad range of outcomes assex in the probabilities associated with it. So what happens is the current ascet prizes are collective reflection of the stock market participants of varying profiles. This is very inteductive and its very noisy. But at the same time, this is not a wanetime exercise. You keep updating view as more and more confirming or disconfirming evidence comes by. One thing as invester is beliefs are supposed to be loosely held. And all the hypothesis and all the confirmations which you have are meant to be stress tested. They are not treasures to be cherished and protected. If you do these two things right, i think so