Benjamin Graham, The historical fact & Lesson for us

Benjamin Graham…..as Wright brothers are to flying, he is to Investing
We’ll, just to feel good , let me dive a bit into history…
1926 to 29, he had a fantastic run in his joint stock company 
He covered all his shorts towards the end of 1929
And then..
_*thinking that the worst is behind us, and the market was too crazy on going too low on stock prices, he went All In. HE USED MARGIN TO LEVERAGE, what he thought would be terrific returns…..and then, he had his worst ever year LOSING 50%. HE WAS PERSONALLY WIPED OUT IN THE CRASH*_
In the 4 years from 1929 to 1932… Graham lost over 70%
??Extracted from a book (Big Mistakes)
Lesson…..
How ever careful / intelligent / analytic / research oriented, blah blah….one is……….. _*no one is immune to the short term (1 to 3 yrs) movement of the stock prices*_
The faster we accept the fact that there are _*INNUMERABLE VARIABLES*_ impacting the stock prices, the better we are positioned in Investing.
Trying to Guess & Outguess these variables is an _*ABSOLUTELY FUTILE EXERCISE*_
None gets it.
None gets it.
None gets it.
And if Anyone gets it….it’s by _CHANCE_ than by design
_*WHY DO WE SPEND TIME WORRYING ABOUT THESE VARIABLES?*_ ?
_*JUST KEEP BUYING THE DIPS or OTHERWISE*_
_*JUST KEEP HOLDING*_
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