Download This Image
  • Benjamin Graham Quote - Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.
  • Benjamin Graham Quote - Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.
  • Benjamin Graham Quote - Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.
  • Benjamin Graham Quote - Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.
  • Benjamin Graham Quote - Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.
  • Benjamin Graham Quote - Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.
  1. black
  2. grey
  3. blue
  4. red
  5. brown
  6. white

Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.

Benjamin Graham

More Benjamin Graham Quotes

  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. 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 odds of error.

    No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. 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 odds of error.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - 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 against the white metal can be directed with equal effect against their own fetish.

    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 against the white metal can be directed with equal effect against their own fetish.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - It is absurd to think that the general public can ever make money out of market forecasts.

    It is absurd to think that the general public can ever make money out of market forecasts.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - Nearly everyone interested in common stocks wants to be told by someone else what he thinks the market is going to do. The demand being there, it must be supplied.

    Nearly everyone interested in common stocks wants to be told by someone else what he thinks the market is going to do. The demand being there, it must be supplied.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - Both individual skill (art) and chance are important factors in determining success or failure.

    Both individual skill (art) and chance are important factors in determining success or failure.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - Calculate a stock’s price/earnings ratio yourself, using Graham’s formula of current price divided by average earnings over the past three years.

    Calculate a stock’s price/earnings ratio yourself, using Graham’s formula of current price divided by average earnings over the past three years.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - there is a tendency in part of Wall Street people to pay excessive attention to the most recent figures and the present financial picture.

    there is a tendency in part of Wall Street people to pay excessive attention to the most recent figures and the present financial picture.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - Unusually rapid growth cannot keep up forever; when a company has already registered a brilliant expansion, its very increase in size makes a repetition of its achievement more difficult.

    Unusually rapid growth cannot keep up forever; when a company has already registered a brilliant expansion, its very increase in size makes a repetition of its achievement more difficult.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - We urge the beginner in security buying not to waste his efforts and his money in trying to beat the market. Let him study security values and initially test out his judgment on price versus value with the smallest possible sums.

    We urge the beginner in security buying not to waste his efforts and his money in trying to beat the market. Let him study security values and initially test out his judgment on price versus value with the smallest possible sums.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - Whether we like it or not, government intervention in the face of surplus is here to stay.

    Whether we like it or not, government intervention in the face of surplus is here to stay.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - It is a fact worth pondering that four centuries ago the evil of “an abundance or surplus” arose from its being kept off the market, while today the evil of surplus lies in its being thrown upon the market.

    It is a fact worth pondering that four centuries ago the evil of “an abundance or surplus” arose from its being kept off the market, while today the evil of surplus lies in its being thrown upon the market.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - The thing that I have been emphasizing in my own work for the last few years has been the group approach. To try to buy groups of stocks that meet some simple criterion for being undervalued-regardless of the industry and with very little attention to the individual company.

    The thing that I have been emphasizing in my own work for the last few years has been the group approach. To try to buy groups of stocks that meet some simple criterion for being undervalued-regardless of the industry and with very little attention to the individual company.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - The volume of credit depends upon three factors: the desire to borrow, the ability to lend and the desire to lend.

    The volume of credit depends upon three factors: the desire to borrow, the ability to lend and the desire to lend.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - Speculative stock movements are carried too far in both directions, frequently in the general market and at all times in at least some of the individual issues.

    Speculative stock movements are carried too far in both directions, frequently in the general market and at all times in at least some of the individual issues.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - The intelligent investor gets interested in big growth stocks not when they are at their most popular – but when something goes wrong.

    The intelligent investor gets interested in big growth stocks not when they are at their most popular – but when something goes wrong.

    BENJAMIN GRAHAM
  • Share on Facebook Tweet this! Share on LinkedIn Share on Whatsapp Share on Telegram Benjamin Graham Quote - Whenever the investor sold out in an upswing as soon as the top level of the previous well-recognized bull market was reached, he had a chance in the next bear market to buy back at one third (or better) below his selling price.

    Whenever the investor sold out in an upswing as soon as the top level of the previous well-recognized bull market was reached, he had a chance in the next bear market to buy back at one third (or better) below his selling price.

    BENJAMIN GRAHAM