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The Intelligent Investor: A Book of Practical Counsel

Book by Benjamin Graham · 3 quotes · Investing, Investors, Security

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The Intelligent Investor: A Book of Practical Counsel Quotes

“If we assume that there are normal or standard income results to be obtained from investing money in securities, then the role of the adviser can be more readily established. He will use his superior training and experience to protect his clients against mistakes and to make sure that they obtain the results to which their money is entitled.”

“Only in the exceptional case, where the integrity and competence of the advisers have been thoroughly demonstrated, should the investor act upon the advice of others without understanding and approving the decision made.”