What is the primary reason understanding a company's business is crucial for long-term stock investments? Option: To identify companies with a history of consistent dividend payments, To gain conviction and hold the investment during market downturns, To predict short-term stock price movements, To determine the optimal time to sell the stock for maximum profit

What is the primary reason understanding a company's business is crucial for long-term stock investments?

Why is conducting thorough research essential before investing in a particular stock?

What is the key factor emphasized for investors to consider in the long term?

According to the article, what is the most important factor to consider when investing in stocks?

What is the primary advantage of the buy-and-hold strategy in stock market investing?

According to Warren Buffett's investment philosophy, what should investors primarily focus on?