Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the danger of a loss of quality and earnings power through economic changes or deterioration in management.


The Renaissance of value (ed. 1974)

Benjamin Graham Quotes

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the ...

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the ...

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the ...

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the ...