Ben Graham believed the great 1920s bull market would end disastrously, yet kept investing as though it wouldn’t happen.
You might think that’s worthy of praise, somehow. He stuck to his guns and never strayed from his strategy.
Well, you’d be wrong. One of the brightest minds on Wall Street strayed from his strategy and couldn’t follow his gut.
Graham explained everything, even questioning his reasons, in his memoirs: Continue Reading…