It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the applicable net current assets alone - after deducting all prior claims, and counting as zero the fixed and other assets - the results should be quite satisfactory.


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

Benjamin Graham Quotes

It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the...

It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the...

It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the...

It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the...