"To have a true investment, there must be……" — Benjamin Graham
"To have a true investment, there must be a true margin of safety. And a true margin of safety is one that can be demonstrated by figures, by persuasive reasoning, and by reference to a body of actual experience."
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Benjamin Graham
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45 Quotes by Benjamin Graham
Benjamin Graham has 45 quotes on this site.
A few more worth reading:
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The investor's chief problem - and even his worst enemy - is likely to be himself.
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The individual investor should act consistently as an investor and not as a speculator. This means ... that he should…
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The underlying principles of sound investment should not alter from decade to decade, but the application of these principles must…
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If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would…
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Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of…
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In the short run, the market is a voting machine, but in the long run it is a weighing machine.
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Buy not on optimism, but on arithmetic.
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I am no longer an advocate of elaborate techniques of security analysis in order to find superior value opportunities.
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As in roulette, same is true of the stock trader, who will find that the expense of trading weights the…
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Those with the enterprise lack the money and those with the money lack the enterprise to buy stocks when they…
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To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.
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The intelligent investor is likely to need considerable will power to keep from following the crowd.
See all 45 quotes by Benjamin Graham »
More Actual Quotes
This quote is filed under Actual Quotes,
one of 1,266 quotes in that category. Here are a few more:
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The fatigue produced on the muscles of the human frame does not altogether depend on the actual force employed in…
— Charles Babbage
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Where do we say that a cell became a blade of grass, which became a starfish, which became a cat,…
— Michele Bachmann
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The Canadian run can be no different, at least in terms of actual running.
— Dennis Banks
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Fishing is boring, unless you catch an actual fish, and then it is disgusting.
— Dave Barry
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I do love to eavesdrop. It's inspirational, not only for subject matter but for actual dialogue, the way people talk.
— Lynda Barry
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Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their…
— Jeff Bezos
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It is evident that skepticism, while it makes no actual change in man, always makes him feel better.
— Ambrose Bierce
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Sure, I suffered a lot. But it's not like the end of the world and it's not who I am.…
— Ben Affleck
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I've thought for the last decade or so, the only actual place raw truth was seeping through in newspapers was…
— Elayne Boosler
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The importance to the writer of first writing must be out of all proportion of the actual value of what…
— Elizabeth Bowen
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Congress acknowledged that society's accumulated myths and fears about disability and disease are as handicapping as are the physical limitations…
— William J. Brennan
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You don't want flame to hit your food. Flame is bad. Flame does nasty things to food. It makes soot…
— Alton Brown
See all 1,266 Actual Quotes »