The Zeitgeist Investor: Unlocking The Mind of the Market by Richards Tim

Author:Richards, Tim [Richards, Tim]
Language: eng
Format: epub
Publisher: Endeavour Press Ltd.
Published: 2012-08-30T18:30:00+00:00

Graham developed his value techniques in the grim bear market years of the 1930s, even while Irving Fisher was hopefully predicting the return of the bull market. Just as emotional people could push worthless internet stocks to mindboggling highs in 1999 so they could crush valuable businesses to dust in the 1930’s. Yet Graham was extraordinarily successful: he managed a return of in excess of over 20% a year for the best part of a quarter of a century, a period encompassing the Great Depression and the Second World War.

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