My Hero, Benjamin Grossbaum(Ben Graham speech)
Read the full article at: http://www.grantspub.com/articles/bengraham/
Submitted by streetcapitalist on Fri, 2007-11-23 21:54.
(via www.grantspub.com)
A great read on Benjamin Graham, here's an excerpt:
I am a frankly worshipful admirer of Graham's. I love him for his heart as much as for his head. Between 1929 and 1932, his investment partnership lost 70% of its value. Not until 1936 did it recoup all it relinquished since the Crash ... "The first rule of investing is not to lose money and the second rule is not to forget the first." Very helpful. Well, Graham shows that a debilitating loss is no reason to give up. . . . Never quit.
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