Benjamin Graham is outdated! That's what many growth investors think. I disagree. Spent the last 3 months slowly reading through Security Analysis by Graham and Dodd. It's a gem. Here's 18 powerful lessons I took home that can be applied to modern day investing:
1. Intrinsic value is not a fixed number. Don't get tied down by a number you see on a spreadsheet. It's usually a range and defined by assumptions, which are fluid and subject to change.