Business Quote by Benjamin Graham
““The one principle that applies to nearly all these so-called “technical approaches” is that one should buy because a stock or the market has gone up and one should sell because it has declined. This is the exact opposite of sound business sense everywhere else, and it is most unlikely that it can lead to lasting success on Wall Street.””
About This Quote
Source Book: The Intelligent Investor, 1949
Warns that buying rising stocks and selling falling ones contradicts sound business logic, leading to failure.
In simple terms: Buying high and selling low is bad.
Key Takeaway
Follow value‑based investing.
Themes
finance
investment
logic
Mood
cautious
analytical
Type
financial
educational
When to use this quote
- stock trading
- portfolio building
- financial planning
- wealth management
Key Concepts
market psychology
risk management
Questions to Reflect On
- Is contrarian investing ever justified?
- How to identify true value?
A Different Perspective
Market timing can still work for some.
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![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)