Graham had a profound influence on his pupil Warren Buffett, who would become the most famous investor of all time, in grad school at Columbia University. Graham instilled the fundamental principles of value investing into Buffett - principles upon which he relied to amass one of the world's largest personal fortunes.
Graham was primarily concerned with minimizing losses rather than maximizing profits.
The Benjamin Method focuses on such metrics as the P/E ratio, which enables investors to determine how expensive the earnings of a company are relative to its competitors. However, rather than simply relying on static metrics, a full picture can only be determined by examining the quality of the earnings, as well as other corporate performance measures.
Buy high quality. Hold for the long term.
Gambling: penny stocks, options, selling short, and tips from your barber are money losing activities.
Can you summarize the general idea of this book? What is the warren Buffet way of investing?
I am thinking about getting this book, I have read several of Peter Lynch's books, and his books are very good, basically a good way to show a person the best way to invest, but what about Buffet?
