Last month, I had the privilege of listening to the audible.com edition of The Intelligent Investor. The audio was read from the 2003 edition, and was surprisingly relevant today. I had hoped for more post-crash commentary, but I didn't read the fine print and can likely find that in the print edition. Regardless, and as the title of this post notes, I was surprised by what I learned. What did I learn? That I don't know I damned thing about investing in any meaningful way.
I was intrigued by the concepts of security analysis, and amazed that Graham's principles aren't more widely applied. I was absolutely amazed at how often the book recommended dollar cost averaged buying of index or low cost mutual funds for the amateur investor.
Are there any investors here that are applying Graham's principles? If so, how do you gauge your success? If not, why not?
Thanks, and have a pleasant Tuesday.
Submitted January 08, 2019 at 10:16AM by BetterDressed http://bit.ly/2Fi6lUC
