Ooi Kok Hwa, an investment adviser and managing partner of MRR Consulting wrote an article about Benjamin Graham’s investing philosophy. The former 2nd richest man in the world, Warren Buffett worked for Graham from 1954 to 1956.
It was said that Buffett’s rules of investing:
Rule No. 1: Don’t lose money in the stock market.
Rule No. 2: Never forget Rule No. 1.
was derived from Graham’s safety-first principle.
Warren Buffett – One of the world’s richest man.
Photo by trackrecord
If you haven’t read Graham’s book titled Security Analysis, I suggest that you head over to the article. There are some important points that you shouldn’t miss.
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