![]() ![]() Graham is also well-known for his most successful real-life student, multibillion-dollar value investor Warren Buffett. Market teaches that although prices fluctuate, it is important to look at the big picture (fundamentals) rather than reacting to temporary emotional responses. Market as a clever means of illustrating the need for investors to make rational decisions about their investment activities instead of allowing emotions to play a deciding role. ![]() ![]() Investor and author Benjamin Graham invented Mr. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding the framework. The Intelligent Investor reveals that investors successful over a lifetime don’t require a stratospheric IQ, unusual business insights or inside information. Market creates ups and downs in stock prices all the time, and prudent fundamental investors are unfazed by them because they are looking at the larger, long-term picture. The Intelligent Investor by Benjamin Graham. Market is overly optimistic, investors may seek an exit. Graham's take is that a prudent investor can enter stocks at a favorable price when Mr.Market is an investor prone to erratic swings of pessimism and optimism Graham illustrates how the market as a whole can take on these characteristics. Market is an imaginary investor devised by Benjamin Graham and introduced in his 1949 book, The Intelligent Investor. ![]()
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