20 Great Benjamin Graham Quotes For The Investor In You
Regarded as the 'Father of value Investing, Benjamin Graham was a British-born American economist and investor by profession. Graham redefined the notions of finance and investment through his popular book Security Analysis. Graham’s other notable works include The Interpretation of Financial Statements, The Intelligent Investor and Storage and Stability: A Modern Ever-normal Granary. His sound intellectual investment theories revolutionized investment finance which made massive impact in the economy of the country. He also inspired a new system which compared the U.S. and Global currency. Many business tycoons such as Warren Buffett, William J. Ruane, Irving Kahn and Walter J. Schloss have credited Graham’s thoughts on finance for their understanding of complex concepts of investment. Two of the greatest disciples of Graham, Buffet and Kahn, went on to name their sons after him to signify his influence on them. As a professor, he preached his ideas at various elite institutes namely Columbia Business School and UCLA Anderson School of Management. We have curated Benjamin's thoughts and quotes from his famous books, lectures, speeches and interviews. Let us enrich our minds through some of the most enlightening quotes from this pioneer in finance and marketing.
The intelligent investor is a realist who sells to optimists and buys from pessimists.
An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.
In the short run, the market is a voting machine but in the long run, it is a weighing machine.
Those who do not remember the past are condemned to repeat it.
But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.
The stock investor is neither right or wrong because others agreed or disagreed with him; he is right because his facts and analysis are right.
Obvious prospects for physical growth in a business do not translate into obvious profits for investors.
The punches you miss are the ones that wear you out. —Boxing trainer Angelo Dundee
People who invest make money for themselves; people who speculate make money for their brokers.
On the other hand, investing is a unique kind of casino—one where you cannot lose in the end, so long as you play only by the rules that put the odds squarely in your favor.
Buy cheap and sell dear.
As the Danish philosopher Søren Kierkegaard noted, life can only be understood backwards—but it must be lived forwards.
Americans are getting stronger. Twenty years ago, it took two people to carry ten dollars’ worth of groceries. Today, a five-year-old can do it. —Henny Youngman
If the reason people invest is to make money, then in seeking advice they are asking others to tell them how to make money. That idea has some element of naïveté.
The investment world nevertheless has enough liars, cheaters, and thieves to keep Satan's check-in clerks frantically busy for decades to come.
While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster.
A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.
Invest only if you would be comfortable owning a stock even if you had no way of knowing its daily share price.3
You’ve got to be careful if you don’t know where you’re going, ’cause you might not get there. —Yogi Berra
With every new wave of optimism or pessimism, we are ready to abandon history and time-tested principles, but we cling tenaciously and unquestioningly to our prejudices.
