Benjamin Graham

Famous Quotes by Benjamin Graham

Be inspired by the wisdom of Benjamin Graham.

"Price is what you pay. Value is what you get."

"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks."

"An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."

"To be an investor you must be a believer in a better tomorrow."

"In the short run, the market is a voting machine but in the long run, it is a weighing machine."

"The individual investor should act consistently as an investor and not as a speculator."

"Those who do not remember the past are condemned to repeat it."

"The essence of investment management is the management of risks, not the management of returns."

"Even the intelligent investor is likely to need considerable willpower to keep from following the crowd."

"The investor’s chief problem—and even his worst enemy—is likely to be himself."