The essence of investing is to purchase assets at a discount to their intrinsic value from "summary" of The Intelligent Investor, Rev. Ed by Benjamin Graham
Investing, at its core, revolves around the fundamental principle of acquiring assets for less than what they are truly worth. This concept forms the bedrock of successful investing, as it allows individuals to build wealth steadily and sustainably over time. By purchasing assets at a discount to their intrinsic value, investors position themselves to benefit from the potential growth and appreciation of these assets in the future. The idea of buying assets below their intrinsic value is not a new one; in fact, it has long been championed by legendary investors like Benjamin Graham. Graham, a pioneer in the field of value investing, believed that the key to successful inv...
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