Published on Apr 18, 2017
In this video we add another volatility of returns, appreciating the fact that while we have an expected return, in reality the amounts we make will vary wildly from year to year. Also explain “fat tails” & why relevant.
Was Ben Graham's big purchase of GEICO shares actually a value investment? Perhaps it was contrary to what many believe. "In 1948, we made our GEICO investment and from then on, we seemed to be very brilliant people." -- Benjamin Graham, 1976 Both Benjamin Graham and Warren Buffett can attribute a large part of their Read More