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Analysis Quote by Benjamin Graham

“In security analysis the prime stress is laid upon protection against untoward events. We obtain this protection by insisting upon margins of safety, or values well in excess of the price paid.” quote by Benjamin Graham
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“In security analysis the prime stress is laid upon protection against untoward events. We obtain this protection by insisting upon margins of safety, or values well in excess of the price paid.”

Benjamin Graham

About This Quote

Source Book: "The Intelligent Investor", 1949

Prioritizing safety margins in investments to guard against unexpected losses.

In simple terms: Invest with a safety cushion.

Key Takeaway

Always build a margin of safety.

Themes

investment risk management conservatism

Mood

cautious analytical

Type

financial educational

When to use this quote

  • stock market
  • portfolio planning
  • financial advice

Key Concepts

margin of safety value investing

Questions to Reflect On

  • How much safety margin is appropriate for you?
  • What risks are you willing to accept?
A Different Perspective

May limit potential high‑return opportunities.

2.9 out of 5 (10 ratings)

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