Thursday 21 May 2009

Benjamin Graham 113 wise words

This post is just an occasional reminder for this blogger to revisit Benjamin Graham's 113 wise words.


COASTAL

Buy 1.60
Sell 1.61

PBBANK

Buy 8.55
Sell 8.60

PPB

Buy 11.10
Sell 11.30
(Buy below 9.00)


"The true investor scarcely ever is forced to sell his shares, and at all times he is free to disregard the current price quotation. He need pay attention to it and act upon it only to the extent that it suits his book, and no more.* Thus the investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. That man would be better off if his stocks had no market quotation at all, for he would then be spared the mental anguish caused him by other persons' mistakes of judgement." - Benjamin Graham

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