Crowds Quote by Benjamin Graham
“An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd.”
About This Quote
Source Book: The Intelligent Investor by Benjamin Graham, 1949
An intelligent investor seeks profit by acting contrary to the crowd’s behavior.
In simple terms: Invest opposite to the crowd.
Consider contrarian strategies.
Themes
Mood
Type
When to use this quote
- portfolio diversification
- value investing
- market timing
- risk assessment
Key Concepts
Questions to Reflect On
- When is following the crowd safer?
- What data supports a contrarian view?
Contrarian moves can be risky if not based on solid analysis.