“The purchase of a bargain issue presupposes that the market's current appraisal is wrong, or at least that the buyer's idea of value is more likely to be right than the market's. In this process the investor sets his judgement against that of the market. To some this may seem arrogant or foolhardy.”
Quote by Benjamin Graham
Author
Benjamin Graham
Benjamin Graham, born on May 9, 1894, in London, England, was a renowned investor and securities analyst. He had a profound impact on the investment field and was hailed as the 'Father of Modern Investing'. Graham's investment philosophy emphasizes value investing, advocating for investors to focus on the fundamental aspects of companies rather than market sentiment. His book, 'The Intelligent Investor', has had a significant influence on generations of investors. more
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Source: The Intelligent Investor: A Book of Practical Counsel
Source: The Intelligent Investor: A Book of Practical Counsel
Source: The Intelligent Investor: A Book of Practical Counsel
Source: The Intelligent Investor: A Book of Practical Counsel
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