The art of investment has one characteristic that is not generally appreciated. A creditable, if unspectacular, result can be achieved by the lay investor with a minimum of effort and capability; but to imrove this easily attainable standard requires much application and more than a trace of wisdom
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Similar ideas to BEN GRAHAM, THE INTELLIGENT INVESTOR
• between euphoria and depression,
• between celebrating positive developments and obsessing over negatives, and thus
• between overpriced and underpriced.
This oscillation is one of the most dependable features of the investment world, and investor psyc...
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