วันเสาร์ที่ 12 ธันวาคม พ.ศ. 2552

Benjamin Graham's Timeless Investing Principles | Fortune Sense

He established his first private investment organisation, the Benjamin Graham Joint Account, at the age of thirty two. During the Great Depression, between 1929 and 1932, he lost 70 percent of his $2.5 million fund. Although some of his clients gave up, ... a price-to-book ratio of 1.5 times, - price-to-earnings ratio of below 20 times and - debt-to-equity ratio of 0.5 times. From the above, you can observe that Graham advocates defensive investing approaches. ...