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Capital preservation – the first and foremost rule of investing

By Janice Roberts at New Media
2 February 2017 • 1 min read

Sihle Lukhele, Institutional Investor Relationship Manager at Foord Asset Management.

Benjamin Graham, the father of value investing, defined an investment operation as “one which, upon thorough analysis, promises safety of principal and an adequate return.” Graham’s concept of safety of principal could easily have been expressed as “capital preservation,” one of the first and foremost rules of investing, says Sihle Lukhele, Institutional Investor Relationship Manager at Foord Asset Management. (more…)


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