Motto to handle market fluctuation

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Never buy a stock immediately after a substantial rise or sell one immediately after a substantial decline.
–Benjamin Graham (Intelligent Investor p. 206)

I came across this line today as I revisit chapter 8 of Intelligent Investor by Benjamin Graham, the bible of value investing.

This quote directly rebuke me for closing my UAUA position during the free fall yesterday (read more about this).

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You’re currently reading “Motto to handle market fluctuation,” an entry on investing.dsetia.com

Published:
05.23.08 / 12am
Category:
policy, principles