blahgKarma

Random musings, observations, squeaks, whimpers and perhaps the ocassional rant. About what, I'm not sure.

Saturday, May 14, 2005

The Buffett is Open...

Intelligent

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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