“It is virtually impossible to make worthwhile predictions about the price movements of stocks” – Ben Graham
Every once in a while I come across an awesome resource that is so good that I have to share it.
Yesterday I came across this interview featuring Benjamin Graham from in 1976.
It’s from the book ‘Building a Profession’ by Rodney N Sullivan, edited by Jason Zweig.
What can I say?
I wish I’d come across this article before.
Whilst reading it, I got the feeling that the father of value investing felt strongly about three main areas of the stock market:
- The market crash of 1929
- The lack of challenge he felt from being an awesome investor
- The idea that ‘simple principles’ can and do work in conjunction with a ‘group approach’
I’d like to hear what you think by tweeting @djthomas.
Here’s the link again: An Hour With Mr Graham.
All the best