It should be remembered that a decline of 50% fully offsets a preceding advance of 100%.


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

Benjamin Graham Quotes

It should be remembered that a decline of 50% fully offsets a preceding advance of 100%.

It should be remembered that a decline of 50% fully offsets a preceding advance of 100%.

It should be remembered that a decline of 50% fully offsets a preceding advance of 100%.

It should be remembered that a decline of 50% fully offsets a preceding advance of 100%.