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Chance Quote by Benjamin Graham

“By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.” quote by Benjamin Graham
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“By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.”

Benjamin Graham

About This Quote

Source Book: The Intelligent Investor by Benjamin Graham, 1949

Paying too much for an investment increases risk of loss; buying at a fair price protects wealth.

In simple terms: Avoid overpaying to protect wealth.

Key Takeaway

Buy at reasonable price.

Themes

investment risk management wealth preservation

Mood

cautious analytical

Type

financial advisory

When to use this quote

  • stock purchase
  • real estate
  • art acquisitions
  • business deals

Key Concepts

value investing margin of safety

Questions to Reflect On

  • How do you assess fair value?
  • What safeguards do you use?
A Different Perspective

Market fluctuations can still erode value even at fair price.

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