Just because one happens to be wealthy, it doesn't mean you are naturally any good at building an investment operation that is… — J. B. Pritzker Copy Share Image
“The Austrian theory rests fundamentally upon the non-reversibility of the investment operation. Once "free capital" has been converted into buildings and machinery,… — Ludwig Lachmann Copy Share Image
An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. — Benjamin Graham Copy Share Image
“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements… — Benjamin Graham Copy Share Image