In the second part of a two-part series, notes from Benjamin Graham's lectures between September 1946 and February 1947 at the New York Institute of Finance are presented.
The series of lectures was titled "Current Problems in Security Analysis," and it gives a great insight into Graham's process and investing mentality.
On making sensible earnings projections:
On the advantages of using a well diversified portfolio in bargain hunting:
On the process of finding bargain issues:
On investment versus speculation:
On the problems with market forecasting (it is all but impossible):
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- CRC 15-Year Financial Data
- The intrinsic value of CRC
- Peter Lynch Chart of CRC
This article first appeared on GuruFocus .
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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