Introduction to Intelligent Investor - Benjamin Graham.

Here is the introduction of the Intelligent Investor book as I understand.  I liked this quote

 

"If you have built castles in the air, your work need not be lost; that is where it should be.  Now put the foundations under them." 

 

                                                                                                                                    -- Henry David Thoreau, Weldon

 

Graham says that he is not going to tell us how to beat the market. He also says no truthful book can.  I wish there was one, so we all be rich with out understanding the companies performance and their finances.  I am one of them who are not patient enough to read through and understand the financial statements of the companies, I would like to invest.  Believe me I learnt it the hard way that it is important to understand them, just mere reading doesn't help.

Anyways getting back to the book.  At the end of the book we will learn three powerful lessons

• how you can minimize the odds of suffering irreversible losses.
• how you can maximize the chances of achieving sustainable gains.
• how you can control the self-defeating behaviour that keeps most investors from reaching their full potential.

The question Graham asks is "Are you an intelligent investor?"  Well we'll found out what he means by that in my next blog I am already sleepy and have a busy day tomorrow :):):)

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