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Risk comes from not knowing what you are doing from "summary" of The Intelligent Investor, Rev. Ed by Benjamin Graham
The idea that "risk comes from not knowing what you are doing" is a fundamental concept in investing. Benjamin Graham emphasizes the importance of understanding the investments you are making in order to mitigate risk. Graham suggests that many investors fall into the trap of speculating rather than investing. Speculators often make decisions based on market trends or rumors, rather than a thorough understanding of the underlying assets. This lack of knowledge can lead to significant losses when the market inevitably corrects itself. In contrast, Graham advocates for a more conservative app...
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