Benjamin Graham Quote

You must never delude yourself into thinking that you're investing when you're speculating.


The Intelligent Investor: A Book of Practical Counsel (ed. Prabhat Prakashan, 1972)


You must never delude yourself into thinking that you're investing when you're speculating.

You must never delude yourself into thinking that you're investing when you're speculating.

You must never delude yourself into thinking that you're investing when you're speculating.

You must never delude yourself into thinking that you're investing when you're speculating.