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The Intelligent investor by Benjamin Graham | Episode 1 |

The Audiobooks Podcast

CHAPTER

The Defensive Investor

The defensive investor must confine himself to the shares of important companies with a long record of profitable operations and in strong financial condition. aggressive investors may buy other types of common stocks, but they should be on an attractive basis as established by intelligent analysis. The third is the device of dollar cost averaging comma which means simply that the practitioner invests in common stocks the same number of dollars each month or each quarter.

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