Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Principles for The Intelligent Investors: Correct investment strategy - How To Invest Wisely (Vol.2)

The Principles for The Intelligent Investors: Correct investment strategy - How To Invest Wisely (Vol.2)

Kristina, Harris

Paperback

Business GeneralPersonal Finance

ISBN13: 9798590710270
Publisher: Independently Published
Published: Jan 5 2021
Pages: 132
Weight: 0.35
Height: 0.31 Width: 5.24 Depth: 7.99
Language: English

The book has praised as the bible for value investors fully lives up to the tribute. The Principles for The Intelligent Investors
is a timeless classic packed with principles that are as relevant today. The book contains such a wide array of important lessons.

The mindset to ride-out market swings - Graham teaches us that a healthy attitude towards and understanding of market swings characterises the intelligent investor. The investor should know that market swings are inevitable, which is why a strong mentality is a must in order to resist jumping into emotionally-driven actions. The intelligent investor should base his investment decisions on analysis and sound principles while staying relatively immune to optimism and pessimism in the market place. If, for instance, you've bought a security at $80 based on a valuation indicating the business is worth $120, ask yourself if you're worse of if that security plummets to $50. The obvious answer - which your home banking would agree on - is yes, you are poorer on paper. However, if you're convinced that the intrinsic value of $120 is still intact, you should not panic; Mr. Market is just confused. Now would be the time to buy, not sell. Graham explains it somewhat along the lines of: One has to be psychologically prepared to be a real investor, not just a speculator disguised as an investor. He underscores the importance of basing your investment decisions on pricing rather than timing. Timing concerns speculation in the market's direction. Pricing revolves around determining a security's intrinsic value, and then insisting on buying only when the market price is substantially below said value.

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