“The essence of investment management is the management of risks, not the management of returns.”
Quote by Benjamin Graham
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“It is the duty of the long-term investor to endure great losses with equanimity.”
Source: The Intelligent Investor, Rev. Ed
“It's not supposed to be easy. Anyone who finds it easy is stupid.”
Source: Security Analysis: Principles and Techniques
Source: Security Analysis: Sixth Edition, Foreword by Warren Buffett
“The world belongs to optimists; the pessimists are only spectators.”
