
Mr. Market
Mr. Market is a metaphor introduced by investor Benjamin Graham to illustrate the stock market's behavior. It depicts the market as an unpredictable business partner who offers to buy or sell shares daily, often influenced by emotions rather than fundamentals. When Mr. Market is optimistic, he offers high prices; when pessimistic, he offers low prices. Investors can choose to accept his offers or ignore him. This concept encourages investors to remain rational and make decisions based on a company’s actual value rather than being swayed by market emotions or temporary fluctuations.