The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market price in response to changes in interest rates.


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

Benjamin Graham Quotes

The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market...

The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market...

The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market...

The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market...