Money and Finance
- Investing And Speculation...
From Brandes on Value: Benjamin Graham addressed the differences between investing and speculation on the very first page of his book The Intelligent Investor: “An investment operation is one which, upon thorough analysis, promises safety of principal...
- Hussman Weekly Market Comment: A Warning From Graham And Dodd
Link to: A Warning from Graham and Dodd “During the latter stage of the bull market culminating in 1929, the public acquired a completely different attitude towards the investment merits of common stocks… Why did the investing public turn...
- Unknown Mathematician Proves Elusive Property Of Prime Numbers
Found via Nassim Taleb. On April 17, a paper arrived in the inbox of Annals of Mathematics, one of the discipline’s preeminent journals. Written by a mathematician virtually unknown to the experts in his field — a 50-something lecturer at the University...
- James Grant Quote
I was reminded of the quote below after reading THISarticle on ValueWalk. “An investment is a speculation to the extent that its success is contingent on a forecast of uncertain events.” –James Grant, Mr.Market Miscalculates ...
- The Bernanke Put: Creating Tetrodoxin Investors - By Cliff W. Draughn
In the realm of academic sciences there sits at the top of the food chain the world of physics. The world according to Galileo, Pascal, and Newton can be quantified and the laws governing cause and effect put forth in intricate formulas and mathematical...
Money and Finance
Ben Graham quote
Found via Broyhill Asset Management.
“Mathematics is ordinarily considered as producing precise and dependable results; but in the stock market the more elaborate and abstruse the mathematics the more uncertain and speculative are the conclusions we draw there from. Whenever calculus is brought in, or higher algebra, you could take it as a warning that the operator was trying to substitute theory for experience, and usually also to give to speculation the deceptive guise of investment.”
- Investing And Speculation...
From Brandes on Value: Benjamin Graham addressed the differences between investing and speculation on the very first page of his book The Intelligent Investor: “An investment operation is one which, upon thorough analysis, promises safety of principal...
- Hussman Weekly Market Comment: A Warning From Graham And Dodd
Link to: A Warning from Graham and Dodd “During the latter stage of the bull market culminating in 1929, the public acquired a completely different attitude towards the investment merits of common stocks… Why did the investing public turn...
- Unknown Mathematician Proves Elusive Property Of Prime Numbers
Found via Nassim Taleb. On April 17, a paper arrived in the inbox of Annals of Mathematics, one of the discipline’s preeminent journals. Written by a mathematician virtually unknown to the experts in his field — a 50-something lecturer at the University...
- James Grant Quote
I was reminded of the quote below after reading THISarticle on ValueWalk. “An investment is a speculation to the extent that its success is contingent on a forecast of uncertain events.” –James Grant, Mr.Market Miscalculates ...
- The Bernanke Put: Creating Tetrodoxin Investors - By Cliff W. Draughn
In the realm of academic sciences there sits at the top of the food chain the world of physics. The world according to Galileo, Pascal, and Newton can be quantified and the laws governing cause and effect put forth in intricate formulas and mathematical...