--- title: "Meaning & Key Takeaway of: I am more and more impressed with the…" description: "\"I am more and more impressed with the possibilities of history's repeating itself on many different counts. You don't get very far in Wall Street with ..." image: "https://sms4smile.com/quotes/i/0ef/benjamin-graham-1531_conclusion_i-am-more-and-more-impressed-with-the-po_2183858.jpg" --- # I am more and more impressed with the possibilities of… ![“I am more and more impressed with the possibilities of history's repeating itself on many different counts. You don't get very far in Wall Street with the simple, convenient conclusion that a given level of prices is not too high.” quote by Benjamin Graham](https://sms4smile.com/quotes/i/0ef/benjamin-graham-1531_conclusion_i-am-more-and-more-impressed-with-the-po_2183858.jpg) [Download](https://sms4smile.com/quotes/i/0ef/benjamin-graham-1531_conclusion_i-am-more-and-more-impressed-with-the-po_2183858.jpg) [Open image](https://sms4smile.com/quotes/i/0ef/benjamin-graham-1531_conclusion_i-am-more-and-more-impressed-with-the-po_2183858.jpg) > “I am more and more impressed with the possibilities of history's repeating itself on many different counts. You don't get very far in Wall Street with the simple, convenient conclusion that a given level of prices is not too high.” [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. History repeats in patterns, warning against assuming prices are low without deeper analysis. **In simple terms:** Beware of repeating price assumptions. Key Takeaway Analyze fundamentals, not just trends. Themes finance history analysis Mood cautious analytical Type advisory educational When to use this quote - stock investing - risk management - portfolio review - economic forecasting Key Concepts behavioral finance market cycles Questions to Reflect On - How do you verify price levels? - What data supports your valuation? A Different Perspective Market cycles can be disrupted by unprecedented events. ★ ★ ★ ★ ★ No ratings yet [Conclusion](https://sms4smile.com/quotes/about/conclusion/) [Convenient](https://sms4smile.com/quotes/about/convenient/) [Customer](https://sms4smile.com/quotes/about/customer/) [Different](https://sms4smile.com/quotes/about/different/) [Given](https://sms4smile.com/quotes/about/given/) [History](https://sms4smile.com/quotes/about/history/) [History Repeating](https://sms4smile.com/quotes/about/history-repeating-1451324/) [Impressed](https://sms4smile.com/quotes/about/impressed/) [Impressed Possibilities](https://sms4smile.com/quotes/about/impressed-possibilities-4728652/) [Levels](https://sms4smile.com/quotes/about/levels/) [Possibilities](https://sms4smile.com/quotes/about/possibilities/) [Possibility](https://sms4smile.com/quotes/about/possibility/) [Prices High](https://sms4smile.com/quotes/about/prices-high-935827/) [Simple](https://sms4smile.com/quotes/about/simple/) [Streets](https://sms4smile.com/quotes/about/streets/) [Wall](https://sms4smile.com/quotes/about/wall/) [Wall St](https://sms4smile.com/quotes/about/wall-st/) [Wall street](https://sms4smile.com/quotes/about/wall-street/) ## Related quotes > [the anchor man thrown overboard has simply rooted us in history's repeating cycle](https://sms4smile.com/quotes/saul-williams/the-anchor-man-thrown-overboard-has-simply-rooted-us-in-history-s/) [Saul Williams](https://sms4smile.com/quotes/author/saul-williams/) > [It is not worth while to try to keep history from repeating itself, for man's character will always make the preventing of the repetitions…](https://sms4smile.com/quotes/mark-twain/it-is-not-worth-while-to-try-to-keep-history-from-repeating-itself/) [Mark Twain](https://sms4smile.com/quotes/author/mark-twain/) > [It was interesting looking back at the '80s and trying to find newspaper headlines from the time - the cliché of history repeating itself.](https://sms4smile.com/quotes/brian-k-vaughan/it-was-interesting-looking-back-at-the-80s-and-trying-to-find/) [Brian K. Vaughan](https://sms4smile.com/quotes/author/brian-k-vaughan/) > [“I’d seen it before. It was history, repeating itself, over and over again.”](https://sms4smile.com/quotes/bella-forrest/i-d-seen-it-before-it-was-history-repeating-itself-over-and-over-again/) [Bella Forrest](https://sms4smile.com/quotes/author/bella-forrest/) > [Those who stand for different causes during different generations often experience the same oppositions and the same difficulties as those of the previous and…](https://sms4smile.com/quotes/criss-jami/those-who-stand-for-different-causes-during-different-generations/) [Criss Jami](https://sms4smile.com/quotes/author/criss-jami/) > [“History repeating itself is history's oldest story.”](https://sms4smile.com/quotes/steve-wick/history-repeating-itself-is-history-s-oldest-story/) [Steve Wick](https://sms4smile.com/quotes/author/steve-wick/) > [History is always repeating itself, but each time the price goes up.](https://sms4smile.com/quotes/will-durant/history-is-always-repeating-itself-but-each-time-the-price-goes-up/) [Will Durant](https://sms4smile.com/quotes/author/will-durant/) > [It is not worthwhile to try to keep history from repeating itself, for man's character will always make the preventing of the repetitions impossible](https://sms4smile.com/quotes/mark-twain/it-is-not-worthwhile-to-try-to-keep-history-from-repeating-itself-for/) [Mark Twain](https://sms4smile.com/quotes/author/mark-twain/) > [“It's not history repeating itself in Gaza, it's horror repeating itself”](https://sms4smile.com/quotes/dean-cavanagh/it-s-not-history-repeating-itself-in-gaza-it-s-horror-repeating-itself/) [Dean Cavanagh](https://sms4smile.com/quotes/author/dean-cavanagh/) > [Check out London, Manhattan, Aspen and East Hampton real estate prices, as well as high-end art prices, to see what the leading edge of…](https://sms4smile.com/quotes/paul-singer/check-out-london-manhattan-aspen-and-east-hampton-real-estate-prices/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) > [All through the 1980s, Apple kept its prices high. There were many reasons Microsoft's much bigger user base managed to resist moving to the…](https://sms4smile.com/quotes/steven-levy/all-through-the-1980s-apple-kept-its-prices-high-there-were-many/) [Steven Levy](https://sms4smile.com/quotes/author/steven-levy/) > [Don't forget the prices are so high in theater; it isn't really where a young person can go on a date and buy two…](https://sms4smile.com/quotes/anonymous/don-t-forget-the-prices-are-so-high-in-theater-it-isn-t-really-where/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [I told them, get on my level. Bitch you could get on this shovel. Coke prices high, than which was if a Tony Montana.](https://sms4smile.com/quotes/2-chainz/i-told-them-get-on-my-level-bitch-you-could-get-on-this-shovel-coke/) [2 Chainz](https://sms4smile.com/quotes/author/2-chainz/) > [People are always saying that prices are too high. When they turn out to be right, we anoint them. When they turn out to…](https://sms4smile.com/quotes/eugene-fama/people-are-always-saying-that-prices-are-too-high-when-they-turn-out/) [Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/) > [There is a complete difference between art and the art market. Prices are high now for the simple reason that there are people are…](https://sms4smile.com/quotes/michael-craig-martin/there-is-a-complete-difference-between-art-and-the-art-market-prices/) [Michael Craig-Martin](https://sms4smile.com/quotes/author/michael-craig-martin/) ## More by Benjamin Graham > [The purpose of this book is to supply, in the form suitable for laymen, guidance in the adoption and execution of an investment policy.](https://sms4smile.com/quotes/benjamin-graham/the-purpose-of-this-book-is-to-supply-in-the-form-suitable-for-laymen/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [There is something paradoxical in the fact that by establishing an export market we subject our entire domestic production to the vagaries of that…](https://sms4smile.com/quotes/benjamin-graham/there-is-something-paradoxical-in-the-fact-that-by-establishing-an/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [Those with the enterprise lack the money and those with the money lack the enterprise to buy stocks when they are cheap.](https://sms4smile.com/quotes/benjamin-graham/those-with-the-enterprise-lack-the-money-and-those-with-the-money/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [It must be fundamentally wrong to reduce production of food and fiber while one-third of our population is still ill fed and ill clothed.](https://sms4smile.com/quotes/benjamin-graham/it-must-be-fundamentally-wrong-to-reduce-production-of-food-and-fiber/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [The intelligent investor is a realist who sells to optimists and buys from pessimists.](https://sms4smile.com/quotes/benjamin-graham/the-intelligent-investor-is-a-realist-who-sells-to-optimists-and-buys/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [Intelligent investment is more a matter of mental approach than it is of technique. A sound mental approach toward stock fluctuations is the touchstone…](https://sms4smile.com/quotes/benjamin-graham/intelligent-investment-is-more-a-matter-of-mental-approach-than-it-is/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [Many progressive economists insist that gold is now in essentially the same position as silver and that the arguments the simon-pure gold advocates use…](https://sms4smile.com/quotes/benjamin-graham/many-progressive-economists-insist-that-gold-is-now-in-essentially/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [The art of investment has one characteristic that is not generally appreciated. A creditable, if unspectacular, result can be achieved by the lay investor…](https://sms4smile.com/quotes/benjamin-graham/the-art-of-investment-has-one-characteristic-that-is-not-generally/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [We have not known a single person who has consistently or lastingly make money by thus "following the market". We do not hesitate to…](https://sms4smile.com/quotes/benjamin-graham/we-have-not-known-a-single-person-who-has-consistently-or-lastingly/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [The essence of investment management is the management of risks, not the management of returns.](https://sms4smile.com/quotes/benjamin-graham/the-essence-of-investment-management-is-the-management-of-risks-not/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [Wall Street people learn nothing and forget everything.](https://sms4smile.com/quotes/benjamin-graham/wall-street-people-learn-nothing-and-forget-everything/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [In security analysis the prime stress is laid upon protection against untoward events. We obtain this protection by insisting upon margins of safety, or…](https://sms4smile.com/quotes/benjamin-graham/in-security-analysis-the-prime-stress-is-laid-upon-protection-against/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [Never buy a stock immediately after a substantial rise or sell one immediately after a substantial drop.](https://sms4smile.com/quotes/benjamin-graham/never-buy-a-stock-immediately-after-a-substantial-rise-or-sell-one/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [Observation over many years has taught us that the chief losses to investors come from the purchase of low-quality securities at times of good…](https://sms4smile.com/quotes/benjamin-graham/observation-over-many-years-has-taught-us-that-the-chief-losses-to/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on…](https://sms4smile.com/quotes/benjamin-graham/no-matter-how-careful-you-are-the-one-risk-no-investor-can-ever/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) [Explore all 229 Benjamin Graham quotes ](https://sms4smile.com/quotes/author/benjamin-graham/) ## More Conclusion quotes > [I'm not going to be part of looking at information only partially. I'm not going to be part of just coming to quick conclusions.…](https://sms4smile.com/quotes/max-cleland/i-m-not-going-to-be-part-of-looking-at-information-only-partially-i-m/) [Max Cleland](https://sms4smile.com/quotes/author/max-cleland/) > [From what I have seen, I am driven to the conclusion that religion is only good for good people.](https://sms4smile.com/quotes/mary-mccarthy/from-what-i-have-seen-i-am-driven-to-the-conclusion-that-religion-is/) [Mary McCarthy](https://sms4smile.com/quotes/author/mary-mccarthy/) > [The thing about living alone is that it gives you a lot of time to think. You don't necessarily reach any conclusions, because wisdom…](https://sms4smile.com/quotes/jonathan-tropper/the-thing-about-living-alone-is-that-it-gives-you-a-lot-of-time-to/) [Jonathan Tropper](https://sms4smile.com/quotes/author/jonathan-tropper/) > [The main conclusion here arrived at ... is that man is descended from some less highly organized form.](https://sms4smile.com/quotes/charles-darwin/the-main-conclusion-here-arrived-at-is-that-man-is-descended-from/) [Charles Darwin](https://sms4smile.com/quotes/author/charles-darwin/) > [Your deeper sense isn’t a springboard; it’s a landing place. If you draw conclusions too quickly or too slowly, you’ll establish your self where…](https://sms4smile.com/quotes/john-de-ruiter/your-deeper-sense-isn-t-a-springboard-it-s-a-landing-place-if-you/) [John de Ruiter](https://sms4smile.com/quotes/author/john-de-ruiter/) > [When there is a mission before you, you see it from its beginning to its conclusion.](https://sms4smile.com/quotes/jesse-white/when-there-is-a-mission-before-you-you-see-it-from-its-beginning-to/) [Jesse White](https://sms4smile.com/quotes/author/jesse-white/) > [Every study on chocolate is pointing to the same conclusion: there is something in chocolate that is really good for us. That something is…](https://sms4smile.com/quotes/david-wolfe/every-study-on-chocolate-is-pointing-to-the-same-conclusion-there-is/) [David Wolfe](https://sms4smile.com/quotes/author/david-wolfe/) > [I have come to the definite conclusion that musical ability is not an inborn talent but an ability which can be developed.](https://sms4smile.com/quotes/shinichi-suzuki/i-have-come-to-the-definite-conclusion-that-musical-ability-is-not-an/) [Shinichi Suzuki](https://sms4smile.com/quotes/author/shinichi-suzuki/) > [Study how a society uses its land, and you can come to pretty reliable conclusions as to what its future will be.](https://sms4smile.com/quotes/e-f-schumacher/study-how-a-society-uses-its-land-and-you-can-come-to-pretty-reliable/) [E. F. Schumacher](https://sms4smile.com/quotes/author/e-f-schumacher/) > [Dr. Arnold . . . the admired reformer of public schools, came across some cranks who thought it a mistake to flog boys. Anyone…](https://sms4smile.com/quotes/bertrand-russell/dr-arnold-the-admired-reformer-of-public-schools-came-across-some/) [Bertrand Russell](https://sms4smile.com/quotes/author/bertrand-russell/) > [That's what politics is. It's the story of what's happening, what does it mean, what's the conclusion, who are the interesting characters?](https://sms4smile.com/quotes/john-dickerson/that-s-what-politics-is-it-s-the-story-of-what-s-happening-what-does/) [John Dickerson](https://sms4smile.com/quotes/author/john-dickerson/) > [It's my firm conclusion that human meaning comes from humans, not from a supernatural source. After we die, our hopes for an afterlife reside…](https://sms4smile.com/quotes/greg-graffin/it-s-my-firm-conclusion-that-human-meaning-comes-from-humans-not-from/) [Greg Graffin](https://sms4smile.com/quotes/author/greg-graffin/) > [To each eye, perhaps, the outlines of a great civilization present a different picture. 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