“People who invest make money for themselves; people who speculate make money for their brokers. And that, in turn, is why Wall Street perennially downplays the durable virtues of investing and hypes the gaudy appeal of speculation.”
Quote by Benjamin Graham
Work
The Intelligent Investor, Rev. Ed
This book is a seminal work on investment philosophy and strategy, focusing on the principles of value investing. It provides in-depth analysis and practical advice for investors looking to make informed decisions in the stock market. The revised edition includes updated information and insights to reflect current market conditions. more
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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“Confusing speculation with investment is always a mistake.”
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Source: The Intelligent Investor: A Book of Practical Counsel
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“Thousands of people have tried, and the evidence is clear: The more you trade, the less you keep.”
Source: The Intelligent Investor: A Book of Practical Counsel
Source: The Intelligent Investor: A Book of Practical Counsel