This investment did so well that the price of its shares advanced to two hundred times or more than the price of the half-interest by 1971/1972 2/
Ben Graham managed to compound money at 20%/year for 20 years at his partnership following a value investing strategy
In 1948 he acquired 50% stake in GEICO. It had to be distributed to his investors
They almost didn't make the investment due to some accounting questions 1/
This investment did so well that the price of its shares advanced to two hundred times or more than the price of the half-interest by 1971/1972 2/
An obvious one is that there are several different ways to make and keep money on Wall Street 4/
But behind the luck, or the crucial decision, there must usually exist a background of preparation and disciplines capacity. 5/
More from Dividend Growth Investor
More from Economy
What a year: 203 essays about degrowth in English since the beginning of March. Here is a selection of some of my favourites. Thank you @fem_degrowth, @beth_stratford, @thedownshifters, @corbinkbarthold, @degrowth_info for these brilliant texts.
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https://t.co/1lFaJM52RX
https://t.co/i5HOfZ19r7
https://t.co/DuPSrrqnzz
https://t.co/0ANveWdvFO
THREAD/
https://t.co/1lFaJM52RX
https://t.co/i5HOfZ19r7
https://t.co/DuPSrrqnzz
https://t.co/0ANveWdvFO