Are You A "Ben Graham Defensive Investor"? by Charles Aram, Research Affiliates
[buffett]
- Research shows that the human condition can be the defensive investor’s worst enemy.
- Graham admonished investors not to sell securities, especially on the downside, if their fundamentals remain sound.
- A “Ben Graham defensive investor” should find much to like in the RAFI™ Fundamental Index™.
Are you a value investor? Not everyone is. But if you are, that is, you believe in buying companies with good fundamentals at cheap prices and selling companies (promising or not) that have ridden momentum to the point of overvaluation, you are following in the footsteps of one of the most insightful and forward-thinking investors of all time, the “father of modern security...

