Ben Graham wrote: “In any case the investor may as well resign himself in advance to the probability rather than the mere possibility that most of his holdings will advance, say 50% or more from their low point and decline the equivalent one-third or more from their high point at various periods in the next five years.” (Graham, The Intelligent Investor, 1973) p. 101.

Read the full article here: https://investingmotherlode.com/2020/03/10/the-great-investors-and-extreme-volatility/

Author: Rodney Smith

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