Benajamin Graham – The Intelligent Investor Part 3
By Midas Investments  •  January 4, 2014
This is where it gets exciting. We are going to move into the enterprising strategy this review and pitfalls and mistakes to avoid. Please head here for part 1, here for part 2 of the book review if you have not read the previous 2 parts. For the enterprising investor, there is generally no fixed guidelines as to the composition of his portfolio though it is recommended that he starts from the same base as a defensive investor. However, he can affords to be more aggressive in his research and put more work into building a portfolio of various asset classes.

Bonds are quoted in percentages of "par value," or 100
A bond priced at 80 is selling at 80% of its principal value. When price of bonds goes below 100, they are labeled as discount bond. When price of bonds goes above 100, they become premium bonds. The reason ......
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By Midas Investments
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