A great company is not a great investment if you pay too much for the stock.


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


A great company is not a great investment if you pay too much for the stock.

A great company is not a great investment if you pay too much for the stock.

A great company is not a great investment if you pay too much for the stock.

A great company is not a great investment if you pay too much for the stock.