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The Intelligent Investor

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The Intelligent Investor: Discipline, Temperament, and the Moral Psychology of Markets Benjamin Graham’s The Intelligent Investor is not merely a book about stocks; it is a treatise on human behavior under uncertainty. Beneath its conservative tone and methodical prose lies a radical claim: successful investing is less about intelligence and prediction than about character, discipline, and emotional self-mastery. Markets, Graham insists, are not efficient machines dispensing truth but theaters of mood, fear, and overconfidence. To invest intelligently is therefore to understand oneself as much as one understands balance sheets. This insight—so often paraphrased yet rarely fully absorbed—has made The Intelligent Investor one of the most enduring works in financial literature. Read superficially, it appears dated: references to railroads, preferred stocks, and post-war bond yields abound. Read properly, it reveals a philosophy that transcends time, technology, and market fa...

Snowball

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Snowball Buffet had Kay and I have Sam, sure I am not Buffet but boy am I lucky! Always dreamed of a Kay Graham when I was reading through the pages of "Snowball". Kay was great, she was powerful, she had influence and everybody loved her - Buffet was impressionable, eager, bright and destined for greatness. His teachings are right, thank God I idolized him.  Operate with a margin of safety, have an inner scorecard, stay within your circle of competence,  read books - any type of books,  boring is good,  you'll never be rich if you're normal,  and always think long-term.  I am not exactly a millionaire but he was not one till 32. To my credit, I am surrounded by millionaires, I just have to put two and two together and stay on that wavelength and then I'll get my first million. He had Benjamin Graham, that speeds things up. I am not Buffet, he was good with numbers, rational and an MBA graduate. I was horrible at maths, I lost a lot ...