Investing Quote by Joel Greenblatt

“Only by insisting on what Graham called the “margin of safety”—never overpaying, no matter how exciting an investment seems to be—can you minimize your…

— Benjamin Graham

There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you…

— Warren Buffett

No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on…

— Benjamin Graham

A margin of safety is achieved when securities are purchased at prices sufficiently below underlying value to allow for human error, bad luck, or…

— Seth Klarman

“Graham developed his core principles, which are at least as valid today as they were during his lifetime: A stock is not just a…

— Benjamin Graham

“A strong-minded approach to investment, firmly based on the margin-of-safety principle, can yield handsome rewards. But a decision to try for these emoluments rather…

— 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…

— Benjamin Graham

Even with a margin of safety in the investor's favor, an individual security may work out badly. For the margin guarantees only that he…

— Benjamin Graham

“They ignored Graham’s warning that “the really dreadful losses” always occur after “the buyer forgot to ask ‘How much?’” Most painfully of all, by…

— Benjamin Graham

Graham liked the idea of protection on the downside.

— Walter Schloss

There is a close logical connection between the concept of a safety margin and the principle of diversification.

— Benjamin Graham

By investing at a discount, Benjamin Graham knew that he was unlikely to experience losses.

— Seth Klarman