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In the preface to The Intelligent Investor, Benjamin Graham writes, For indeed, the investor=s chief problem-and even his worst enemy-is likely to be himself. (The

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In the preface to The Intelligent Investor, Benjamin Graham writes, For indeed, the investor=s chief problem-and even his worst enemy-is likely to be himself. (The fault, dear investor, is not in our stars--and not in our stocks--but in ourselves....)" Graham was a mentor to the legendary investor Warren Buffett, CEO of Berkshire Hathaway. a) Evaluate the validity Graham's comments as a committed rationalist. Show your understanding of the rationalist paradigm in your comments. (7 points) b) Evaluate the validity Graham's comments as a committed behavioralist. Show your understanding of the rationalist paradigm in your comments. (8 points) Hint: think about how rationalists and behavioralists view decision makers. This is one of the four or five most important concepts in the course. In the preface to The Intelligent Investor, Benjamin Graham writes, For indeed, the investor=s chief problem-and even his worst enemy-is likely to be himself. (The fault, dear investor, is not in our stars--and not in our stocks--but in ourselves....)" Graham was a mentor to the legendary investor Warren Buffett, CEO of Berkshire Hathaway. a) Evaluate the validity Graham's comments as a committed rationalist. Show your understanding of the rationalist paradigm in your comments. (7 points) b) Evaluate the validity Graham's comments as a committed behavioralist. Show your understanding of the rationalist paradigm in your comments. (8 points) Hint: think about how rationalists and behavioralists view decision makers. This is one of the four or five most important concepts in the course

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