Volatility is a symptom that people have no idea of the underlying value. — Jeremy Grantham Copy Share Image
The real underlying value comes if you can put a company back into a running state and it becomes a successful viable… — Chanda Kochhar Copy Share Image
A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with… — Benjamin Graham Copy Share Image
The market is often stupid, but you can't focus on that. Focus on the underlying value of dividends and earnings. — John C. Bogle Copy Share Image
Volatility is a symptom that people have no idea of the underlying value-that they have stopped playing the asset game. They're not… — Jeremy Grantham Copy Share Image
A margin of safety is achieved when securities are purchased at prices sufficiently below underlying value to allow for human error, bad… — Seth Klarman Copy Share Image
Value in relation to price, not price alone, must determine your investment decisions. If you look to Mr Market as a creator… — Seth Klarman Copy Share Image
Investors should pay attention not only to whether but also to why current holdings are undervalued. It is critical to know why… — Seth Klarman Copy Share Image