This is a philosophy of investing money in stocks and bonds. It examines the behavior of the market since the depression and illustrates the futility of trying to time the market or outsmart people who spent 100 hours a week doing this for a living. Hedge fund managers work from 4AM to 8PM every day chasing investments. Can you hope to beat them by spending 30 minutes a day? Absolutely not! You have to take a different tact than they do. Graham's value investing is one such tact.
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