
Berkshire Hathaway Part I
Acquired
Principles of Independent Investing
This chapter explores the concepts of independent thought and value investing championed by Ben Graham, contrasting traditional methods with a focus on overlooked investments. It emphasizes the importance of personal conviction amidst market pressures, and how successful investing relies on individual analysis over popular consensus. The discussion also reflects on the dedication and ethical considerations of high-achieving investors, highlighting the importance of long-term focus and maintaining secrecy around investment strategies.
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