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/biz/ - Business & Finance

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53754178 No.53754178 [Reply] [Original]

Is "The Intelligent Investor" still relevant at all today? I'm just starting out trying to learn about the markets.

>> No.53754195

does the book say you should go all in on bitcoin? No? Then it's not relevant today

>> No.53754239

>>53754178
It's good if you are literally retarded. The book is meant for retards.
It's perfect for you.

>> No.53755043

>>53754239
but it has "intelligent investor" in the title so clearly it's not for dumb people

>> No.53755380

>>53754178
It gives a very good overview of the basics and a general framework to think about things. But the financial markets have changed a lot since the time it was written so you need to read a lot of other things to keep up. In developed markets there are very very few bargains left so you are going to be buying good companies at very high prices.

>> No.53755396

>>53755380
Are there any books that explain more developed markets better?

>> No.53755403

>>53754178
>You can't beat the market

There. That's it. That's all that the book says.

>> No.53755411

>>53754178
Yeah, but keep in mind they've layered on entire sedimentary layers of bullshit into the market like futures contracts on shares, price-insensitive passive investing, etc. Graham also didn't go through a global currency rugpull followed by a soft-default via inflation.

>> No.53755412

>>53755380
Europe has a ton of relatively cheap companies

>> No.53755445
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53755445

It's not the best book for beginners

>> No.53755771

You could have read the thing between yesterdays and todays thread. It's not graduate level stuff.

>> No.53755777

>>53755771
yesterdays thread? I didn't post a thread yesterday
also im a slow reader anon desu

>> No.53756236

>>53754195
this. the age of scam tradfi is over. a new economy will emerge build of fundamentally sound money. in this new financial system, investing will be different as the only reason investing works in this current finanical system is because the monetary unit is a scam and inflates to 0 worth

>> No.53756327

i made a production function of my favorite nft's anon, ive never traded stocks before in my life, and ive never lost in my investments either i just follow crypto cycles

>> No.53756604
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>> No.53756645 [DELETED] 
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>>53754178
Why waste money on a book that could be in arbinu

>> No.53756822

>>53754178

This reads like an EmpLemon post. These days investments is all about luck, and how much money the US print of course

>> No.53756982
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>>53756604
faggot, some quant in the telegram gc told me the model predictive accuracy we bust 1 eth is 78%, so cope baggie

>> No.53757217
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>> No.53758187

>>53754178
It is as relevant as ever. I highly recommend watching this Buffet video:
https://youtu.be/b9IEq8niT08

It is old, but it has more detailed advice to wont find anywhere else.

>> No.53758532
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>> No.53758542

>>53754195
Does it ever bother you that you're just subconsciously manipulating other people so you can earn yourself more money?

>> No.53759216

>>53758187
thank you good anon

>> No.53759231

There’s one good chapter about dealing with market fluctuations (basically ignore them) but a lot of it is boomer value investing garbage that’s completely irrelevant today

>> No.53759240

>>53759231
why do you say value investing is garbage? is it because everything is efficiently priced nowadays so you can't find discounts?

>> No.53760054

>>53759240
Because he can't understand basic economic concepts such as marginal cost. He doesn’t know what drives demand or supply curves.

>> No.53760251

>>53755445
>all these normie books
>not a single one about the international jew
trash list

>> No.53760257
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>>53754178
Anon, the market is all heavily manipulated speculation. If you want to understand it read picrel

>> No.53760311

>>53755396
Why? Just buy what /biz/ tells you and use your brain to filter jeets and treads in /xxg/ format