Skip to content

Crowds Quote by Benjamin Graham

“An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd.” quote by Benjamin Graham
Download Open image
“An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd.”

Benjamin Graham

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.

Key Takeaway

Consider contrarian strategies.

Themes

investment psychology contrarianism

Mood

cautious reflective

Type

financial philosophical

When to use this quote

  • portfolio diversification
  • value investing
  • market timing
  • risk assessment

Key Concepts

behavioral finance market cycles risk management

Questions to Reflect On

  • When is following the crowd safer?
  • What data supports a contrarian view?
A Different Perspective

Contrarian moves can be risky if not based on solid analysis.

2.9 out of 5 (6 ratings)

More by Benjamin Graham

Explore all 229 Benjamin Graham quotes

More Crowds quotes

Browse all 2,078 Crowds quotes