Business Quote by Benjamin Graham
“Every corporate security may be best viewed, in the first instance, as an ownership interest in, or a claim against, a specific business enterprise.”
About This Quote
Source Book: The Intelligent Investor by Benjamin Graham, 1949
Corporate security represents a claim or ownership stake in a business, defining rights and obligations.
In simple terms: Security is a claim on a business.
Understand the nature of your security.
Themes
Mood
Type
When to use this quote
- M&A negotiations
- portfolio analysis
- shareholder meetings
- risk assessment
Key Concepts
Questions to Reflect On
- How does this view affect your investment decisions?
- What risks arise from treating security as ownership?
Security value depends on business performance and market conditions.