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Stay informed about the companies you invest in and be prepared to adjust your strategy when necessary from "summary" of The Intelligent Investor, Rev. Ed by Benjamin Graham
As an intelligent investor, it is crucial to keep yourself updated on the companies you have invested in. This means staying informed about their financial performance, management changes, market trends, and any other relevant news that may affect your investments. By staying informed, you can make well-informed decisions about when to buy, hold, or sell your investments. Being prepared to adjust your investment strategy when necessary is also essential. The market is constantly changing, and what may have been a good investment strategy yesterday may not be the best strategy today. By being flexible and willing to adjust your strategy, you can adapt to changing market conditions and maximize your investment returns. One way to stay informed about the companies you invest in is to regularly review their financial statements and performance metrics. This will give you a clear picture of how the company is performing and whether it is meeting its financial goals. By analyzing this information, you can identify any potential risks or opportunities that may affect your investments. It is also important to keep an eye on the broader market trends and economic indicators that may impact your investments. By understanding the larger market forces at play, you can better anticipate how they may affect your investments and adjust your strategy accordingly.- Staying informed about the companies you invest in and being prepared to adjust your investment strategy when necessary are essential practices for intelligent investors. By staying informed and flexible, you can navigate the ever-changing market landscape and make informed decisions that will help you achieve your investment goals.
