When Tom Delic, currently a fund manager at Seneca Investment Managers, started his career at Royal Liver Group in 2009, the first book he was handed by then CIO Paul Bishop was The Intelligent Investor by Benjamin Graham.
The book had a "huge influence" on Delic, and Graham's ideas - such as ‘Mr Market' and ‘margin of safety' - have meant he has been a value investor since the moment he read it. "It is the only book...
Left in January
Transparency issues with no-fee structures
Would cause damage to other emerging markets
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