“An Investment operation is one which, upon thorough analysis promises safety return of principal (amount invested), and an adequate return. Operations not meeting these requirements are speculative” – Benjamin Graham. The Intelligent Investor An investor’s focus should be learning and implementing strategies that ensure security of the capital, and an adequate return. Anything that is not focused on these two objectives is considered speculation…
About beating the market… Most books will claim that they can teach you how to beat the stock market, i.e how to invest in such a way that you will earn better returns than the general market. No one can teach you how to beat your market, and beating the market shouldn’t be your goal. Focus on maximizing the chances of achieving sustainable gains. About…
Quick: If I gave you Kshs 200,000 today, what would you do with it? Every so often, or at least once in a lifetime, we receive money we didn’t expect. It may be from a lottery winning (very rarely), your employer could feel generous and decide to reward you, or you could close a business deal and get more profits than anticipated. Windfalls may be…
Any investment adviser worth his salt will tell you to include stocks in your investment strategy, but few tell you how to do it. I strongly believe that stocks are great, and should be part of everyone’s long term investment strategy, but I haven’t focused much on them in the past. However, after observing the trends in the Nairobi Stock Exchange (NSE), then reading this…
