Dice Quote by Benjamin Graham
“As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.”
About This Quote
Source Book: The Intelligent Investor, 1949
Trading costs erode profits, making speculation like a risky gamble.
In simple terms: Trading fees reduce profit.
Key Takeaway
Minimize costs to protect gains.
Themes
finance
investment
risk management
Mood
analytical
cautious
Type
educational
practical
When to use this quote
- stock portfolio building
- day trading
- financial planning
- risk assessment
Key Concepts
market efficiency
cost analysis
Questions to Reflect On
- How do you evaluate trading expenses?
- What strategies reduce cost while maintaining returns?
A Different Perspective
Low-cost investing may limit flexibility; market timing is uncertain.
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