BigFatPurse held the Value Investing Mastery Course (VIMC) Graduates Gathering on 7 Nov 2015. It was heartened to see majority of the registrants turned up despite the rain. The VIMC has completed its 43rd run and saw 1,400 graduates to date.
The Gathering was important to reiterate why we invest the way we invest.
In the midst of myriad opinions about the best way to invest your money, it is very important to anchor ourselves in sound investment philosophy and not succumb to heresies.
Time and again, I have not found an approach that is more suitable for the retail investor other than what Benjamin Graham’s wisdom have left us with. It was a very good balance between risk taking and reward. In other words, one could not possibly lose every single cent of his capital (without leverage and have proper diversification) and yet achieve more than 10% returns per annum in ......