The Intelligent Investor Flashcards
1
Q
What is the difference between an investor and a speculator?
A
An investment operation is one which, upon thorough analysis promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.
2
Q
Recommended Stock Selection for defensive investors
A
The book advises against the selection of hot issues or new offerings for quick profit and recommends shares of established, profitable companies in strong financial conditions.
3
Q
When should you dump a stock?
A