Most businesses change in character and quality over the years, sometimes for the better, perhaps more often for the worse. The investor need not watch his companies' performance like a hawk; but he should give it a good, hard look from time to time.


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


Most businesses change in character and quality over the years, sometimes for the better, perhaps more often for the worse. The investor need not...

Most businesses change in character and quality over the years, sometimes for the better, perhaps more often for the worse. The investor need not...

Most businesses change in character and quality over the years, sometimes for the better, perhaps more often for the worse. The investor need not...

Most businesses change in character and quality over the years, sometimes for the better, perhaps more often for the worse. The investor need not...