This post will introduce Graham Formula and Screening Criteria mentioned in the two books, as well as the returns after practical application.
Category: Benjamin Graham
What is investment philosophy?
Most investors—including many who claim to have a profound investment philosophy—actually lack a core investment philosophy. Most mistake investment strategy for philosophy.
Why Shiller CAPE is more popular than the Buffett indicator?
Shiller CAPE Ratio is calculated by dividing the actual stock price adjusted for inflation by the average of the company’s inflation-adjusted earnings per share over a ten-year period
Primer’s book to know Buffett-“Warren Buffett: Investor and Entrepreneur”
“Warren Buffett: Investor and Entrepreneur” is published in 2022, written by Todd. A book about Buffett by Todd A. Finkle.
“Benjamin Graham on Value Investing”, Graham’s bio book
“Benjamin Graham on Value Investing” mainly talks about two things:
-“Graham’s life, and this book is also equivalent to Graham’s biography. I have read another biography of Graham, which I personally found to be more interesting.
-“Value investing” advocated by Graham.
Memory is an edge to investment success
The quality of memory is also a part of an investor’s circle of competence.
Investment vs speculation
Jesse. Livermore’s opinion on investment vs speculation is really to the point: speculators want possibilities, while investors want value.
Complicated math is not a prerequisite in stock investing
Most people has a myth, complicated math play a key role to invest successful. Peter Lynch said “All the math you need in the stock market you get in the fourth grade.”
Charlie Munger, a great investor worth remembering
Buffett said: “Because Munger… made me go from an orangutan to a human being, if I didn’t know him, I would be much poorer than I am now!” Buffett said in a statement on Charlie Munger’s death: “Without Charlie’s inspiration, wisdom and Without participation, Berkshire would not be where it is today.”
Buffett’s first TV interview
I recently re-watched one of my favorite Buffett TV interview, the 1985 interview, which is only 7 minutes long but is very important