Growth stock selection

The reader will understand from these instances why we regard growth stocks as a whole as too uncertain and risky a vehicle for the defensive investor. Of course, wonders can be accomplished with the right individual selections, bought at the right levels, and later sold after a huge rise and before the probable decline. But the average investor can no more expect to accomplish this than to find money growing on trees.

- Benjamin Graham, in the book "The Intelligent Investor"
2 Responses
  1. Anonymous Says:

    yeah, this line [stock broking industry] is very risky. although i'm not a remisier, i have seen many of my company remisiers being made bankrupts by the court. so, good luck to anyone involved in this business.


  2. Jaded Jeremy Says:

    Anonymous,
    Yah, I know that stockbroking is not for me. I'm just sticking to personal investment.