Originally Posted by
W.Axl Rose
Lahi ra ni siya sa cost averaging method? Pls enlighten me.
hehe..nalimot naman ko ani nga thread. Yep bro, its different from cost averaging. This is a way of picking stocks by:
Finding there intrinsic value, applying some tests and evaluations on the said company, quantitatively and qualitatively.
This is where the famous phrase from Ben Graham comes " Investment operations is one in which upon thorough analysis promises safety of principal and satisfactory return, investment operations not meeting this are speculations."
And as stated by Ben Graham himself, speculators are bound to lose. ^^ PEACE..