Tuesday, May 8, 2007

The Intelligent Investor

I was reading The Intelligent Investor by Benjamin Graham. He contends that one who keeps his temperament and invests is more intelligent than the one who knows a lot more but gets swayed by the market fluctuations.

That kind of struck a chord in me (I say this everytime, don't I?). He who keeps his temperament is not only an intelligent investor but also an intelligent survivor. That is probably the real intelligence needed in today's world.