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User:Nihonmono/The Noodle Man of Edo

From Wikipedia, the free encyclopedia

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

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  1. ^ Graham, Benjamin. The Intelligent Investor.
  2. ^ Frost, Eldon. The Intelligent Investor's Mind, (E. Frost Media, 2011), ISBN 9-781456-597351, ASIN B004LROW08.
  3. ^ Buffett, Warren (1988-02-29). "To the Shareholders of Berkshire Hathaway Inc". Berkshire Hathaway Inc. Retrieved 2011-03-06.