Focus on Price

IMO, there's way too much focus on price in the stock market.

Posts like these are evidences of my point. (WSJ)

Now, I think that this is another manifest of hypotheses that the markets are perfectly competitive. conclusions like the one drawn in the article "relax, you haven't missed anything" or "the lost decade" point out that we are much more focused on the price than the fundamentals.

No wonder the market's in the shitters...