The Intelligent Investor..???

Question

Warren Buffet says that "The Intelligent Investor" by Benjamin Graham is like the Bible of the stock market, and apparently he learnt everything from that book then why arent there 100's of warren Buffetts and billionaires because anyone can read the book.

thanks

Answer 1

And how many people have read the Bible and are all of them even halfway well-behaved?

Reading doesn't mean comprehension, or understanding, or following very good advice.

Besides which, Buffet learned from others as well.  In fact, he still has that attitude of being able to learn from others even though he himself is universally respected.

Answer 2

I have a better question ...

if you have ever seen Mad Money on TV, Cramer constantly says ... " PIGS GET SLAUGHTERED"

Why was he a pig on stock "C" and LOST  $130,000

I usually use stop losses on all of my investments ... I set it up for 10% gain or 3% loss ...

I couldn't imagine loosing $130,000 and still being alive because my wife would kill me.

Answer 3

I myself read this book all the time to keep in focus. pay good attention to what it says about net-current assets and you can not go wrong. i turned $500.00 into almost $6,000 as of todays close. so i know it works.

Answer 4

Also anyone can and should apply the old wise saying of "buy low and sell high". But do they follow the first rule of investing?

No.