Benjamin Graham
Known as 'The Dean of Wall Street' and recognised as 'father of Value Investing.He is a mentor for many modern investors like Warren Buffet , Irving Kahn and William Ruane.
He created "investor Bible" named Intelligent Investors.
He believes that wealth creation doest come from taking greater risk but from taking less risk. With research and better bargains led to higher margin safety. This is be the lowest risk and the return will be highest.As he said,
Risk correlation wasn't with reward but with research.
Right time to invest is
The lower the market value was against the calculated intrinsic value more attractive the investment was to buy.
He quoted :
While enthusiasm may neccessary for great accomplishment elsewhere, in Wall Street it almost invariably leads to disaster.
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