Someone asked Warren Buffett about the best money advice that Warren has ever received. Warren’s answer was ‘Chapters 8 and 20 of the Intelligent Investor’.

When an investment GOAT says something so specific, I take note! In this episode, I’ve dusted off my copy of the classic investment book to share those lessons with you.

The lessons come down to:

1. Having a proper attitude toward markets

2. Looking at stocks as businesses

3. Operating with a margin of safety

Check out this episode for a breakdown of each of those key investment lessons.

Sources:

The Intelligent Investor by Ben Graham:

https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661

https://www.forbes.com/sites/schifrin/2013/06/05/two-book-chapters-that-changed-warren-buffetts-life/?sh=7a1fdb2869d3

https://www.intelligentinvestor.com.au/investment-news/the-secrets-of-chapters-8-and-20/54219

Disclaimer:

This podcast is for informational purposes only and should not be relied upon as the basis for investment decisions. I may maintain positions in the securities discussed on this podcast.