Absurd Quote by Benjamin Graham
“It is absurd to think that the general public can ever make money out of market forecasts.”
About This Quote
Source Book: "The Intelligent Investor", 1949
He argues that most people cannot profit from market forecasts; it's unrealistic for the public.
In simple terms: Forecasting markets is generally futile.
Key Takeaway
Avoid relying on predictions.
Themes
finance
skepticism
investment
Mood
cautious
pragmatic
Type
financial
advice
When to use this quote
- stock investing
- financial planning
- retirement saving
Key Concepts
efficient market hypothesis
behavioral finance
Questions to Reflect On
- Why do people trust forecasts?
- What alternatives exist?
A Different Perspective
Some may succeed with niche expertise.
