In last 10 or 15 years, the meaning of investing has drifted from being part owner of the business to mere buying a ticker stock. Even the concept of value investing, which at core means buying a good business at cheap, has drifted towards using volatility to value or price the stock. The relative basis has shifted from using quality of business to what is the price it is being traded. The fundamental concept of owning a good business has taken a back seat. The ease with which one can buy and sell stocks at a click of few mouse buttons, has distracted us from understanding the business. We have started to believe that buying and selling stocks online is investing. In my viewpoint, this is what makes us clueless about the stock market. Business comes first and stock market comes later. That’s what is focus of the book I recently finished reading, Why Are We So Clueless about the Stock Market? continue reading rest of the article….