Abundance Quote by Benjamin Graham
“It is a fact worth pondering that four centuries ago the evil of "an abundance or surplus" arose from its being kept off the market, while today the evil of surplus lies in its being thrown upon the market.”
About This Quote
Source Essay: The Intelligent Investor, 1949
Surplus can be harmful whether it is withheld from or dumped onto the market; both extremes create inefficiency and waste.
In simple terms: Too much or too little of something in the market is bad.
Key Takeaway
Seek balanced supply and demand.
Themes
economics
market theory
resource allocation
efficiency
Mood
analytical
practical
Type
explanatory
advisory
When to use this quote
- business planning
- investment strategy
- policy making
Key Concepts
scarcity
overproduction
price stability
Questions to Reflect On
- What mechanisms can prevent market distortions?
- How do you measure optimal supply?
A Different Perspective
Market forces are influenced by many variables beyond surplus alone.
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