Lessons from Graham that will make you become the Greatest Investor
Benjamin Graham sums up his investment philosophy by saying that an intelligent investor must be “businesslike” in approach. Investing in shares in a company is just like owning a share in a business enterprise and the investment must be approached as if one were buying a business, or a partnership in one.
What you will discover from this
Chapter 1: The Man behind the Giant
Chapter 2: The Main Strategy
Chapter 3: First Invest with a Margin of Safety
Chapter 4: Second Expect and Profit from Volatility
Chapter 5: Third Know Yourself
Chapter 6: Shareholder Activism
Chapter 7: The Most Important Lessons His Students Learned
I thought the author has brought out the three most important elements in an investment analysis. Book value is important and also was price-earnings. A good indicator of the price-to-earnings is the P/E ratio of the S&P 500 compare this to what you are considering to buy.