Customer Quote by Benjamin Graham
![“Many skeptics, it is true, are inclined to dismiss the whole procedure [chart reading] as akin to astrology or necromancy; but the sheer weight of its importance in Wall Street requires that its pretensions be examined with some degree of care.” quote by Benjamin Graham](https://sms4smile.com/quotes/img-quotes/099/benjamin-graham-1531_customer_many-skeptics-it-is-true-are-inclined-to_2452676.jpg)
““Many skeptics, it is true, are inclined to dismiss the whole procedure [chart reading] as akin to astrology or necromancy; but the sheer weight of its importance in Wall Street requires that its pretensions be examined with some degree of care.””
About This Quote
Source Book: The Intelligent Investor, 1949
Chart reading is dismissed as superstition, yet its impact on finance is significant, warranting careful analysis.
In simple terms: Charts seem mystical but matter in finance.
Key Takeaway
Analyze charts critically.
Themes
finance
skepticism
analysis
Mood
analytical
cautious
Type
financial
philosophical
When to use this quote
- stock market research
- risk assessment
- portfolio management
Key Concepts
technical analysis
investment decision making
Questions to Reflect On
- What evidence supports chart usefulness?
- When should intuition override charts?
A Different Perspective
Charts can be misinterpreted without context.
