Sunday, August 30, 2015

Tips from The Intelligent Investor

Re-reading The Intelligent Investor by Benjamin Graham.

His most famous protege is of course, one Warren Buffett. 

Thought it will be apt as the market undergoes volatility to pick the brains of one of the best investors minds.

Here's one from the book:

"The intelligent investor realizes that stocks become more risky, not less, as their prices rise—and less risky, not more, as their prices fall. The intelligent investor dreads a bull market, since it makes stocks more costly to buy. And conversely (so long as you keep enough cash on hand to meet your spending needs), you should welcome a bear market, since it puts stocks back on sale."

Follow with care.