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The Timeless Principles of Value Investing
This chapter delves into the foundational concepts of investing championed by Benjamin Graham and embraced by Warren Buffett, emphasizing the significance of treating stocks as business ownership. It discusses the enduring influence of Graham's teachings from 'Intelligent Investor' on contemporary investment strategies, advocating for a long-term ownership approach. The conversation also contrasts the wealth-building potential of traditional investing with the trends of high-frequency trading, underscoring the value of patience in achieving financial success.