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  1. Ask yourself: if there was no market for these shares, would I be willing to have an investment in this company on these terms? (36)

    1. the heart of Graham’s argument is that the intelligent investor must never forecast the future exclusively by extrapolating the past (80)

    2. never dig so deep into the numbers that you check your common sense at the door, and always read the proxy statement before (and after) you buy a stock (501)

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