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Graham urges you to invest only if you would be comfortable owning a stock even if you had no way of knowing its daily share price.3
Unlike the price of Bitcoin where every “investor” checks the price every 2 minutes.
“But note this important fact: The true investor scarcely ever is forced to sell his shares, and at all other times he is free to disregard the current price quotation. He need pay attention to it and act upon it only to the extent that it suits his book, and no more.* Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stocks had no market quotation at all, for he would then be spared the mental anguish caused him by other persons’ mistakes of judgment.”
― The Intelligent Investor
― The Intelligent Investor
“Graham urges you to invest only if you would be comfortable owning a stock even if you had no way of knowing its daily share price.3”
― The Intelligent Investor
― The Intelligent Investor
Seymour’s 2024 Year in Books
Take a look at Seymour’s Year in Books, including some fun facts about their reading.
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