“But investing isn’t about beating other at their game. It’s about controlling yourself at your own game.”
-Benjamin Graham-

Over the years, investors have applied many techniques in an unending quest to best the market. To be sure, the fundamentals of sound investing are really quite simple. For example, investors should know the importance of managing risk, rebalancing to maintain appropriate risk levels, and the power of reinvesting and compounding.

Similarly, investors should know the dangers of market timing and the affects of inflation. Many investors have learned the hard way that what they didn’t know ultimately hurt them.

The attached piece, prepared by Morningstar, illustrates some of the important fundamentals every investor should know. We think it graphically explains some of the key elements that strongly impact investment results.

Morningstar Presentation_ Principles of Investing

Benjamin Graham is widely regarded as the Father of Value Investing