LESSONS FROM BOOK " THE INTELLIGENT INVESTOR "

 11 of his philosophies that will instantly make you a better investor (use them to get rich):

1. Invest with a Margin of Safety

Buy stocks only when they’re priced significantly below their intrinsic value.

This is your buffer against error, emotion, and the unknown.

2. Stick to Your Circle of Competence

If you don’t understand it, don’t invest in it.

Clarity beats complexity.

3. Price ≠ Value

The market price is just an opinion.

True value comes from analyzing a company’s fundamentals.

4. Be Rational When Others Are Emotional

Market crashes are not times to panic.

They’re opportunities for disciplined investors.

5. Long-Term and Short-Term Trading are Entirely Different

The market is a voting machine in the short term, and a weighing machine in the long term.

Don’t get distracted by daily noise.

Over time, fundamentals win.

6. The Market Is There to Serve You, Not Instruct You

The market’s mood swings should be used to your advantage - not just followed blindly.

7. Focus on the Business, Not the Ticker

You’re not buying a lottery ticket - you’re buying a share in a real company with real earnings.

8. The Investor’s Biggest Enemy Is Themselves

Emotions, overconfidence, and poor discipline destroy more portfolios than bad stocks ever will.

9. Avoid Speculation

If it doesn’t come with a clear, logical valuation, it’s not investing.

It’s guessing.

10. Diversify Intelligently

Don’t put all your eggs in one basket - but don’t own 100 stocks just to feel “safe.”

Own what you know.

11. Have a System and Stick to It

Graham’s greatest edge wasn’t IQ - it was process.

Build one, test it, and trust it.