I just wondered do you think that a small investor who's learning to go through this process and is being patient could rely on on this old quote from Ben Graham where he says essentially you buy a wonderful business when the market flexes. Could people rely on studying for a couple of years and making a watch list of some companies they'd like to buy and rely on the market fluctuating and putting those on sale? I think that's built into human nature it's built into I think you know I just remember just before the 1930s when 1929 crashed there's some famous newspaper office that stock seemed to know something was about to happen.
For show notes and more information, visit www.investedpodcast.com This week on our from the vault episode, we wrap up our review of value investing basics with Hedge Fund manager and author of Education of a Value Investor, Guy Spier. We’ll ask Guy who he looks to for inspiration and discuss the fear that can accompany buying stock.
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