Nearly anyone with an interest in investing knows the name Warren Buffett, the “Oracle of Omaha,” who, along with his partner Charlie Munger, heads holding company and market juggernaut Berkshire Hathaway Inc.
Fans of Buffett know that before he became known as one of the most successful investors in history, he was a student of Benjamin Graham. Graham literally wrote the books (“Security Analysis” and “The Intelligent Investor”) on value investing, a method of buying stock in companies that are trading at a discount to their intrinsic value.
Many market mavens-in-the-making have chosen the path of coattail investing, a system of mimicking the investing style or matching the portfolio picks of movers & shakers like Buffett. While you may not have gotten to study under Graham at Columbia University as Buffett did, the wisdom laid out in the following quotes of Graham’s may serve as the CliffsNotes.
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