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“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.”
– Benjamin Graham, The Intelligent Investor (1949)
As a mission, Phocion sets out to elevate operating control standards within the investment industry. It accomplishes this by focusing on three core areas:
Phocion authors meaningful articles that enlighten and educate the investment industry. The articles influence the industry towards greater integrity and away from the “speculative” nature of operations that Ben Graham referred to in his opus magnum.