![]() ![]() “To invest intelligently in securities one should be forearmed with an adequate knowledge of how the various types of bonds and stocks have actually behaved under varying conditions – some of which, at least, one is likely to meet again in one’s own experience.”.The key to the book is to provide a basic understanding of investment principles and investor behavior.Follow Graham and you will profit from folly rather than participate in it.” 8 and 20 – you will not get a poor result from your investments… The sillier the market’s behavior, the greater the opportunity for the business-like investor. Warren Buffett opens the preface with this: “If you follow the behavioral and business principles that Graham advocates – and if you pay special attention to the invaluable advice in Ch.In doing so, he taught investors how to manage themselves. Graham wanted to teach investors the basic principles needed to navigate markets. ![]() Benjamin Graham’s classic was first published in 1949. ![]()
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