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.”
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.
Always build a margin of safety.
Themes
Mood
Type
When to use this quote
- stock market
- portfolio planning
- financial advice
Key Concepts
Questions to Reflect On
- How much safety margin is appropriate for you?
- What risks are you willing to accept?
May limit potential high‑return opportunities.