The Buffett is Open...
Read a snapshot of The Intelligent Investor, a book by Benjamin Graham, the father of value investing. First published in 1949, this book is touted as a favorite of Warren Buffett, the billionaire investment guru behind Berkshire Hathaway. Shouldn’t be a surprise… Buffett studied under Graham at Columbia. I’m going to check it out… the most interesting part is on determining the intrinsic value of a stock, or a company.
Gaining insight on the basics of buying stocks that are inherently worth more than you pay for them would be a good thing, since this would seem to be 180–degrees from the way many stock market investments work…
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