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Do you believe managers should focus directly on the stock's actual market price or its intrinsic...

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Finance

Do you believe managers should focus directly on the stock'sactual market price or its intrinsic value, or are both important?Why?

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Assumption Since the question is not clear about who the manager is I have answered in context of portfolio Manager The primary objective of a portfolio manager would be to make the best use of the funds received from investors and focus on wealth maximization For this he may construct a portfolio with various asset class such as stocksbondscommoditiesetc in    See Answer
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Do you believe managers should focus directly on the stock'sactual market price or its intrinsic value, or are both important?Why?

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