Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.
Life is too mysterious to try to map it out. I've certainly lived long enough to know it will take you places you never thought it would take you - and some of those places are kind of wonderful.
Nothing that rest on some contradictory basis shall succeed or last in the long run ("ne saurait réussir ou durer, à la longue", Fr.); all that involve (or imply...) a contradiction is fatally destined, early or late, to disintegrate and disappear.
I, too, am indignant when the worthy Homer nods; yet in a long work it is allowable for sleep to creep over the writer.
[Lat., Et idem
Indignor quandoque bonus dormitat Homerus;
Verum opere longo fas est obrepere somnum.]
But touch me, and no minister so sore.
Whoe'er offends, at some unlucky time
Slides into verse, and hitches in a rhyme,
Sacred to ridicule his whole life long,
And the sad burthen of some merry song.
An argument is made that there are just too many question marks about the near future; wouldn't it be better to wait until things clear up a bit? You know the prose: "Maintain buying reserves until current uncertainties are resolved," etc. Before reaching for that crutch, face up to two unpleasant facts: The future is never clear and you pay a very high price for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.