Sublime
An inspiration engine for ideas
To enjoy a reasonable chance for
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
An important new factor in recent years has been the acquisition of smaller companies by larger ones, usually as part of a diversification program. In these cases the consideration paid has almost always been relatively generous, and much in excess of the bargain levels existing not long before.
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
where will) its profits come from?
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
“Be fearful when others are greedy and greedy when others are fearful.” His objective was to outperform the market in the long run and so he judged himself largely on his performance relative to the market.
Edward O. Thorp • A Man for All Markets
The ideal way to dollar-cost average is into a portfolio of index funds, which own every stock or bond worth having.
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
Warren Buffett • The Superinvestors of Graham-and-Doddsville
Warren Buffett • The Superinvestors of Graham-and-Doddsville
The Intelligent Investor boiled Graham’s philosophy down to three words—“margin of safety.”24 An investor, he said, ought to insist on a gap—a big gap—between the price he was willing to pay and his estimate of what a stock was worth.