Saturday, August 27, 2016
Learning the inside and out of the book Intelligent Investor
In my never ending search for cheap entertainment, I bought the book "The intelligent Investor" I plan in grinding through this book about the same that I grinded through the book "Master the money game" Some thoughts on the first part of the book. Risky investments make you a speculator and not an investor. Investing is boring, but the positives is a solid yield of results. Solid principles equal solid results. I also learned that the aurthor Benjamin Graham is a great investor but a boring ass writer. You have to be properly warned against speculative actions in nature. Clear idea of risks of investing is a good idea before you invest. This thought was powerful as well. You can have a high I.Q. have street smarts, be savy, but you can't predict the madness of the people. Bear and bull markets. People shouldn't be pissed about bear markets. If you have enough cash on hand you can buy stocks cheap and watch them rise. Then buy all the air jordan's you want.
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