Good management are rarely overcompensated to an extent that makes any significant difference with respect to the stockholder's position. Poor management are always overcompensated, because they are worth less than nothing to the owners.


Chapter XIV, Stockholders and Managements, p. 209 - The Intelligent Investor: The Classic Text on Value Investing (1949)

Benjamin Graham Quotes

Good management are rarely overcompensated to an extent that makes any significant difference with respect to the stockholder's position. Poor...

Good management are rarely overcompensated to an extent that makes any significant difference with respect to the stockholder's position. Poor...

Good management are rarely overcompensated to an extent that makes any significant difference with respect to the stockholder's position. Poor...

Good management are rarely overcompensated to an extent that makes any significant difference with respect to the stockholder's position. Poor...