John At The Center

As the value investor Benjamin Graham pointed out, “most true bargains are not available in large blocks.” That puts small investors, who buy a few hundred shares at a time, at an advantage. Yet many individual investors try to beat the pros at their own game—a fruitless effort, since fast trading is a game even most of the pros can't win. As Mr. Laporte's career has shown, less is more.

via The Intelligent Investor: A Star Fund Manager’s Secrets – WSJ.com.