Resonant Reader
2 min readDec 30, 2023

You can learn investing by reading investing books.

The Intelligent Investor” by Benjamin Graham imparts valuable lessons on prudent investing:

  1. Recognize the market’s short-term irrationality and focus on the long term; avoid futile attempts to time or predict.
  2. Invest in comprehensible companies after thorough research, eschewing unfamiliar or questionable ones.
  3. Embrace a long-term perspective, steering clear of short-term gains and concentrating on stocks with sustained growth potential.
  4. Maintain composure during market downturns; resist panic selling and uphold a long-term outlook.
  5. Mitigate risk by diversifying your portfolio, avoiding overreliance on a single stock.
  6. Prioritize value stocks trading below intrinsic value for long-term appreciation.
  7. Cultivate patience; wealth accumulation through investing is a gradual process.
  8. Practice judiciousness; be opportunistic during market downturns and cautious during surges
  9. Seek guidance from financial advisors when uncertain about investment decisions.
    10. Enhance your knowledge about finance and investing through reading books about investing; continuous learning is crucial for informed investment choces.

The book underscores the importance of distinguishing between price and value, conducting thorough research before investing, and maintaining discipline in adherence to your investment plan, steering clear of emotional decision-making.