Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be replaced by issues much more reasonable priced.


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

Benjamin Graham Quotes

Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be ...

Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be ...

Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be ...

Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be ...