Reblog: 3 Quick Investing Tips from Warren Buffett’s Favorite Book
Have you read the Intelligent Investor by Benjamin Graham? Graham is Warren Buffett’s mentor. He mentions him in almost every long-form talk and interview. A great blog post was recently shared showing 74 of the top quotes from the Intelligent Investor book. Here are 3 that caught everyone’s attention:
- “Mr. Market’s job is to provide you with prices; your job is to decide whether it is to your advantage to act on them. You do not have to trade with him just because he constantly begs you to.” (p. 215)
- “Losing some money is an inevitable part of investing, and there’s nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money.” (p. 526)
- “The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioural discipline that are likely to get you where you want to go.” (p. 220)
The original post appeared on medium.com. This post was created by Stefan Cheplick, who does digital marketing for StockTwits and is available here.