Ocupation: Investor
Life: May 9, 1894 - September 21, 1976
Birthday: May 9
Death: September 21
The defensive (or passive) investor will place chief emphasis on the avoidance of serious mistakes or losses. His second aim will be freedom from effort, annoyance, and the need for making frequent decisions.
source: Benjamin Graham (2009). “The Intelligent Investor, Rev. Ed”, p.6, Harper Collins
topic: Mistake, Loss, Effort, Serious Mistakes