KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.60 points, or 0.09 per cent, to 1,670.02, from Friday’s close of 1,671.62. The benchmark index, which opened 0.93 of-a-point higher at 1,672.55, moved between 1,668.61 and 1,674.11 throughout the trading session. Market breadth was negative as losers surpassed gainers 748 to 388, while 517 counters were unchanged, 1,271 untraded and 91 suspended. Turnover slipped to 3.11 billion units worth RM2.40 billion from 4.07 billion units valued at RM2.69 billion on Friday.
Recently I've been reading the book "Intelligent Investor" by Benjamin Graham and I came across chapter 15: Stock Selection for the Enterprising Investor . In that chapter, there was a part that talks about Warren's way of investing and I find it to be something worth sharing with you guys. WARREN'S WAY Warren Buffett, perhaps the most successful investor, who happened to be Benjamin Graham's most acknowledged and popular student. Buffett and his partner, Charles Munger combined Graham's "margin of safety" and detachment from the market with their own innovative emphasis on future growth. Warren's Way He looks for what he calls "franchise" companies with strong consumer brands, easily understandable business, robust financial health, and near monopolies in their market like H & R Block, Gillette, and the Washington Post Co. Buffett loves to invest in stock when a scandal, big loss or other bad news passes over it l...