the intelligent investor by benjamin graham pdf free

General Portfolio Policy: The Defensive Investor.

A Century of Stock-Market History: The Level of Stock Prices in Early 1972.

Investment versus Speculation: Results to Be Expected by the Intelligent Investor.

Content of the intelligent investor pdf download It starts from the base of defensive investors but over the period they diversify their portfolio.Īn investor should not be involved in day trading, foreign bonds and high yield bonds.ĭevelop discipline to be a successful investor.įor a successful investor it is important to manage risk not to avoid it. Keep 90% of your money in an index fund and 10 to pick your own stocks.Įnterprising investors are also called active or aggressive investors that devote their time and effort in selecting the right stock that also gives high returns. Keep the index fund for the period of 20 years to get high returns.

Index funds are also a good option to invest in good stocks and bonds. Mutual funds can also be the best option to diversify their portfolio. It should be diversified based on various factors such as age, time, risk capacity etc.įirst study the financial statement of the company before investing.

He doesn’t buy more when ,market is up and does not panic when it goes down.ĭefensive investors consider a 50% bonds and 50% stock approach. Let’s understand with the help of example assume today you bought a X product cost 100Rs, next year as the inflation rise the product cost will be 105 now you can’t bought the same product in 100Rs, so to beat the inflation our money have to beat the inflation and that’s why investment is needed.ĭefensive investors also known as passive investors who avoid high losses or mistakes. We all are very much familiar with the term inflation that decreases the value of our money every year.

The intelligent investor by benjamin graham pdf free