I hope your stocks to go down

I hate it when the markets are up because the only thing I see is missed opportunities. The only stocks that I care about going up are the ones I own.

As a value investor, I want every stock to get as cheap as possible until I buy it. The lower a stock price is, the less risks and greater margin of safety there is in buying it. The higher stock prices go, the more risks there is in the market.

Now, I want the fundamentals to remain strong, because if they go down with the price, you aren't gaining any opportunities from it. The great thing about bear markets is that most investors can't distinguish between the actual business and the stock price. They assume bad prices means a bad company, which presents some nice deals.

The problem with bull markets is that investors can't distinguish between stock prices and the performance of the business itself. This means stocks end up going up for the wrong reasons trading at absurd valuations. Good for the momentum player, but bad for the value investor.

Now I rarely get my way because most stocks end up correlating with the markets, but when my stocks go up I want everything else to crash.