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| | Ben Graham: Lessons from the greatest investor ever - Jun. 16, 2003 |
 | | Graham was Buffett's teacher, his boss, his friend and his intellectual hero. |
 | | Graham saw traders make the same mistake with auto stocks in 1919, radio and utility stocks in 1929 and electronics stocks in the 1960s. |
 | | An investor, adds Graham, uses "thorough analysis" to test whether a stock or bond or fund "promises safety of principal and a satisfactory return." That's an and, not an or, definition: You must study an investment thoroughly, and it must have minimal risk of massive loss, and its potential return must be realistic. |
| money.cnn.com /2003/06/12/pf/investing/graham_introduction (1678 words) |
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