User:Nihonmono/The Noodle Man of Edo
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The Noodle Man of Edo is an allegory that forms an antithesis to the Mr. Market character popularized by value investor Benjamin Graham.[1] The Noodle Man of Edo (a shop owner) represents a "perfect" (though flawed and human) investor, who wisely buys his partner's shares and/or expands his operations during times of pessimism.[2]
The allegory comes from the book The Intelligent Investor's Mind, which examines the cognitive strategies of legendary Wall Street investors, including Benjamin Graham and his protégé, Warren Buffett.[3]
Edo was the name of Tokyo, Japan before the Meiji Restoration.
References
[edit]- ^ Graham, Benjamin. The Intelligent Investor.
- ^ Frost, Eldon. The Intelligent Investor's Mind, (E. Frost Media, 2011), ISBN 9-781456-597351, ASIN B004LROW08.
- ^ Buffett, Warren (1988-02-29). "To the Shareholders of Berkshire Hathaway Inc". Berkshire Hathaway Inc. Retrieved 2011-03-06.