Are you an Intelligent Investor?

Do you know how to minimize the odds of suffering irreversible losses?
Do you know how to maximize the odds of achieving sustainable gains?
Do you know how to control self-defeating behaviour that keeps most from reaching their full potential in investing?
Do you know that intelligent investing does not refer to IQ but rather to being patient, disciplined and eager to learn, and able to harness your emotions and think for yourself?
Do you know that high IQ and higher education are not enought to make an investor intelligent?
Do you know that being an intelligent investor is more a matter of 'character' than 'brain'?
Do you know the investment techniques, the adoption and execution of an investment policy suitable for laymen (yourself)?
Do you know the investment principles and investors' attitudes maybe of greater importance in investing than the technique of analyzing securities?
Do you know that there is limited usefulness in reading a book on 'how to make a million', as there are no sure and easy paths to riches on the stock market here and anywhere else?
Do you know of any single person who has consistently or lastingly made money by 'following (timing) the market'?
Do you know how to guide yourself from the areas of possible substantial error and to develop policies with which you will be comfortable?
Do you know the investor's chief problem -- and even his worst enemy -- is likely to be himself?
Do you know the importance of psychology of investors and the field of behavioural finance in guiding investing?
Do you know how to measure or quantify value of business or stock?
Do you know having the habit of relating what is paid to what is being offered is an invaluable trait in investment?
Do you know that for 99 issues out of 100, you could say that at some price they are cheap enough to buy and at other price they would be so dear that they should be sold?
Do you know that the art of investment has one characteristic that is not generally appreciated; that a creditable, if unspectacular, result can be achieved by the lay investor with a minimum of effort and capability?
Do you know that to improve on this above easily attainable standard requires much application and more than a trace of wisdom?
Do you know that if you merely try to bring just a little extra knowledge and cleverness to bear upon your investment program, instead of realizing a little better than normal results, you may well find that you have done worse?

Read:  The Intelligent Investor by Benjamin Graham