(3) Do not enter an operation unless a reliable calculation shows that it has a fair chance to yield a reasonable profit. you have unusually strong reasons for placing implicit confidence in his integrity and ability. you can supervise his performance with adequate care, and B. (2) Do not let anyone else run your business, unless A. (1) Know what you are doing – know your business. Graham provides 4 key business principles to follow: It is amazing to see how many capable businessmen try to operate in Wall Street with complete disregard of all the sound principles through which they have gained success in their own undertakings'. 'Investment is most intelligent when it is most businesslike. In other words, stock analysis should be focused on specific details of the business you own rather than on trying to forecast what the market will do in the future and whether now is the time to buy stocks.
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