Benjamin Graham Quote

In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the factor of long-term growth or decline.


Introduction, p. xxvi - The Intelligent Investor: The Classic Text on Value Investing (1949)


In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the...

In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the...

In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the...

In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the...