The real value of each company, the present value of its future free cash flows, has not been dramatically altered. Over a few days, a few months, or even a few years, stocks prices can be way out of synch with the underlying value of a company. Sometimes they're too high, while at other times they're too low. Finding companies that successfully increase their intrinsic value over time is the name of the investment game. While you'll have to review each company on a monthly or quarterly basis, you don't need daily updates and alerts from market mavens.
Time is one of most people's scarcest resources.
Don't let investing take up too much of yours. Terms of the deal were not reported. For a closer look at the development, head back to this morning's Breakfast With the Fool . JWGenesis intends to concentrate its efforts on developing focus on its retail securities and investment banking businesses and other opportunities. Investment services will be available online through the company's brokerage subsidiary.