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The Intelligent Investor: A Book of Practical Counsel

Book by Benjamin Graham · 4 quotes · Investing, Investors, Security

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The Intelligent Investor: A Book of Practical Counsel Quotes

“In most cases the favorable price performance will be accompanied by a well-defined improvement in the average earnings, in the dividend, and in the balance-sheet position. Thus in the long run the market test and the ordinary business test of a successful equity commitment tend to be largely identical.”