Quote for the Week
If you believe — as I have always believed — that the value approach is inherently sound, workable, and profitable then devote yourself to that principle. Stick to it, and don’t be led astray by Wall Street’s fashions, its illusions, and its constant chase after the fast dollar. Let me emphasize that it does not take a genuis or even a superior talent to be successful as a value analyst. What it needs is, first, reasonable good intelligence; second, sound principles of operation; third, and most important, firmness of character. — Ben Graham (source)
From the Archives
Last Call
- The Intelligent Investor at 75 – Kingswell
- The Intelligent Investor Rides Again w/ Jason Zweig (podcast) – Richer, Wiser, Happier
- Marks Memo: Ruminating on Asset Allocation – Oaktree
- Alternative Asset Classes Are Flooded – Investing in Financial History
- Fooled by Randomness – Klement on Investing
- We Are All Confident Idiots – D. Dunning
- Is the Dunning-Kruger Effect Real? Or are Unskilled People More Rational than It Seems? — Clearer Thinking
- 18 Life-Learnings from 18 Years of The Marginalian – The Marginalian
- How Snake Oil Became a Symbol of Fraud and Deception – Smithsonian