Accomplishment Quote by Benjamin Graham
“While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster”
About This Quote
Source Book: The Intelligent Investor, 1949
Enthusiasm without caution on Wall Street often leads to failure.
In simple terms: Blind optimism is risky.
Balance enthusiasm with analysis.
Themes
Mood
Type
When to use this quote
- stock trading
- investment decisions
Key Concepts
Questions to Reflect On
- What safeguards can temper excitement?
- How to differentiate healthy optimism?
Enthusiasm can blind judgment.