Abnormally Quote by Benjamin Graham
“Abnormally good or abnormally bad conditions do not last forever.”
About This Quote
Source Book: The Intelligent Investor by Benjamin Graham, 1949
Market extremes are temporary; conditions swing back to normal over time.
In simple terms: Booms and busts end.
Expect reversals; stay patient.
Themes
Mood
Type
When to use this quote
- stock market
- real estate
- commodity prices
- political cycles
Key Concepts
Questions to Reflect On
- How do you protect against prolonged downturns?
- What signals indicate a reversal?
Assumes rational market correction, which may be delayed.