The investor would not be far wrong if this motto read more simply: "Never buy a stock immediately after a substantial rise or sell one immediately after a substantial drop".


Chapter II, The Investor and Stock-Market Fluctuations, p. 43 - The Intelligent Investor: The Classic Text on Value Investing (1949)

Benjamin Graham Quotes

The investor would not be far wrong if this motto read more simply: Never buy a stock immediately after a substantial rise or sell one immediately...

The investor would not be far wrong if this motto read more simply: Never buy a stock immediately after a substantial rise or sell one immediately...

The investor would not be far wrong if this motto read more simply: Never buy a stock immediately after a substantial rise or sell one immediately...

The investor would not be far wrong if this motto read more simply: Never buy a stock immediately after a substantial rise or sell one immediately...