Burned Quote by James Grant

“Security analysis cannot presume to lay down general rules as to the "proper value" of any given common stock... The prices of common stocks…

— Benjamin Graham

I don't think it makes any sense for an individual to invest in common stocks unless they know the company, work at the company,…

— Eli Broad

An investor calculates what a stock is worth, based on the value of its businesses.

— Benjamin Graham

“What Greenspan was saying, in other words, was that there was absolutely nothing wrong with bidding up to $100 million in share value some…

— Matt Taibbi

When it comes to valuation, there's only one thing stock investors really care about, which is earnings.

— James B. Stewart

The ideal form of common stock analysis leads to a valuation of the issue which can be compared with the current price to determine…

— Benjamin Graham

A lot of share-buying, not bargain-seeking, is designed to prop stock prices up. Thirty to 40 years ago, it was very profitable to look…

— Charlie Munger

When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.

— Warren Buffett

For many of our shareholders, our stock is all they own, and we're acutely aware of that. Our culture [of conservatism] runs pretty deep.

— Charlie Munger

Ask any rich man of common prudence to which of the two sorts of people he has lent the greater part of his stock,…

— Adam Smith

But the minute we went public on the stock market, which is how our wealth was created, it was no longer how many people…

— Anita Roddick

It is one thing to be able to state the price the antagonist paid, another to be able to count you own real gains.

— Barbara Deming