All Intelligent Investing Is Value Investing
Read the full article at: http://www.fool.com/investing/value/2007/07/27/all-intelligent-investing-is-value-investing.aspx
Submitted by jonbo on Sat, 2007-07-28 18:10.
(via www.fool.com)
As Graham stated in the book Security Analysis: "An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative."
