Marc AndreessenVerified account@pmarca
Alex Rubalcava@AlexRubalcava3 hours ago
@pmarca Graham's methods evolved. What he practiced while running Graham-Newman in 30s & 40s was very different from what he did in 70s.
@SchwartzNow Except Graham's approach is specifically engineered for downside protection, not upside potential. Exact opposite of venture!
@BhargavPurohit Graham's view only works if prices are low enough. I'm wondering if that ever actually happens outside depressions.
Does Ben Graham's investment method every actually work outside of economic depressions? Vs Phil Fisher's/Charlie Munger's? #honestquestion
Alex Rubalcava
A very good sign of greed is impatience.
Charlie's is based more on Phil Fisher. High quality company at good price, vs disaster company at low price.
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