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benjamin graham theory of diversification

Benjamin Graham's thoughts

Benjamin Graham Theory Of Diversification

September 20, 2015

In investment, having a margin of safety itself is not sufficient. Why is this so? Benjamin Graham, the founder of value investing, uses the simple basis of the insurance-underwriting business to explain the need for diversification. He said that diversification is the companion of margin of safety. In other words, margin of safety and diversification…

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