Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed.


Chapter 16, Convertible Issues and Warrants, p. 225 - The Intelligent Investor (1973) (Fourth Revised Edition)


Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed.

Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed.

Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed.

Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed.