Individual security bargains may be located by the process of security analysis practically at any time. They can be bought with good overall results at all periods except when the general market itself is clearly in a selling range for investors. They show up to best advantage during the years in which the market remains in a relatively narrow and neutral area.


Chapter II, The Investor and Stock-Market Fluctuations, p. 37 - The Intelligent Investor: The Classic Text on Value Investing (1949)

Benjamin Graham Quotes

Individual security bargains may be located by the process of security analysis practically at any time. They can be bought with good overall results ...

Individual security bargains may be located by the process of security analysis practically at any time. They can be bought with good overall results ...

Individual security bargains may be located by the process of security analysis practically at any time. They can be bought with good overall results ...

Individual security bargains may be located by the process of security analysis practically at any time. They can be bought with good overall results ...