What exactly does Graham mean by an “intelligent” investor? Back in the first edition of thisbook, Graham defines the term—and he makes it clear that this kind of
intelligence has nothing to do with IQ or SAT scores. It simply means
being patient, disciplined, and eager to learn; you must also be able to
harness your emotions and think for yourself. This kind of intelligence,
explains Graham, “is a trait more of the character than of the brain.”
聪明的特质：
耐心，自律，终身学习，情绪控制（心理），独立思考。