Kiplinger

Benjamin Graham's Timeless Advice

Benjamin Graham had all the traits of a great investor--brains, curiosity and discipline. An immigrant to New York, his family was plunged into poverty when his father died. But Ben was a smart kid. He learned to read six languages in high school and went on to attend Columbia University, where he became a Greek scholar and, on graduation, received offers to teach from three disparate departments: mathematics, philosophy and English. Instead, he chose Wall Street, eventually teaching at Columbia's business school, where Warren Buffett was among his students.

Graham had several big ideas. One was that the stock market was susceptible to the same kind of rigorous study as any academic subject. The result was the classic book he wrote in 1934 with David Dodd. Another big idea was that investors should strive

Safety Net: The Strategy for De-Risking Your Investments In a Time of Turbulence.

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