Home / Quotes / Quote by Benjamin Graham

Quote by Benjamin Graham

“Even with a margin of safety in the investor's favor, an individual security may work out badly. For the margin guarantees only that he has a better chance for profit than for loss - not that loss is impossible. But as the number of such commitments is increased the more certain does it become that the aggregate of the profits will exceed the aggregate of the losses.”

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

You May Also Like

“The cost of performing well in bad times can be relative underperformance in good times.”

Wells Cost Investing Performing Good Times Relative Bad Times Performing Well Underperformance

Author:Seth Klarman

“... not doing what we love in the name of greed is very poor management of our lives.”

Life Names Poor Our Lives Management Greed Investing Investment Success Poor Management

Author:Warren Buffett

“And, partly, I had found that theory-structure was a superpower in helping one get what one wanted. As I had early discovered in school wherein I had excelled without labor, guided by theory, while many others, without mastery of theory failed despite monstrous effort. Better theory I thought had always worked for me and, if now available could make me acquire capital and independence faster and better assist everything I loved.”

Ifs Helping Wanted School Found Effort Theory Labor Independence Structure Investing Available Despite Faster Acquire Mastery Monstrous Superpower

Author:Charlie Munger

“Charlie and I have a number of filters that things have to get through before we'll think about them.”

Thinking Numbers Investing Charlie Filters

Author:Warren Buffett

“I think I've been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it.”

Thinking Age Understanding Investing Incentives Underestimated

Author:Charlie Munger

“The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.”

Facts Certain Known Events Expectations Assuming Investing Consideration Yield Future Events

Book:General Theory Of Employment , Interest And Money

Source: General Theory Of Employment , Interest And Money

“There's a difference between describing and evoking something. You can describe something and be quite clinical about it. To evoke it, you call it up in the reader. That's what writers do when they're good.”

Differences Reader Describing Evoke Clinicals

Author:Margaret Atwood

“Being on a comedy tour is like traveling with family, everyone is all having a great time... then all of a sudden it turns sour. One thing gets said out of turn, and everyone is on everyone's last nerve. After an hour of silence, we all start laughing about it.”

Said Lasts Turns Hours Silence Laughing Comedy One Thing Nerves Great Times Sour

Author:Steve Harvey

“One's knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.”

Feels Two Three Given Investing Enterprise Entitled Knowledge And Experience

Author:John Maynard Keynes

“If only one word is to be used to describe what Baupost does, that word should be: 'Mispricing'. We look for mispricing due to over-reaction.”

Ifs Should Looks Doe Used Investing Dues Reactions One Word

Author:Seth Klarman