Posted inWisdom

Benjamin Graham Quote

It is better to be approximately right than precisely wrong - Benjamin Graham
The core message here is brutal but simple: a rough estimate that points you toward success is infinitely more valuable than a perfectly calculated plan that leads you straight off a cliff.
Posted inWealth

Quotes about Benjamin Graham principles

The intelligent investor gets interested in big business when it is unpopular - Benjamin Graham
The core message is about contrarian investing. True intelligence in the market means having the courage and discipline to buy solid, high-quality companies precisely when the crowd is fleeing from them in fear.
Posted inWealth

Quotes about Benjamin Graham principles

The purpose of the margin of safety is to make an estimate of the future unnecessary - Benjamin Graham
It means you build in such a large buffer of safety when you invest that you're insulated from being wrong. You don't have to predict the future perfectly because your downside is already protected.
Posted inEmotion

Benjamin Graham Quote

An investor’s worst enemy is not the stock market, but his own emotions - Benjamin Graham
The core message is brutally simple: you are your own biggest financial risk. Not the economy, not a bad company, not the Fed. Your own emotional reactions are the primary threat to your capital.
The function of the margin of safety is Meaning Factcheck Usage
Posted inWealth

Quotes about Benjamin Graham

The function of the margin of safety is, in essence, that of rendering unnecessary an accurate estimate of the future - Benjamin Graham
At its heart, this quote means you don't need a crystal ball to invest successfully. The margin of safety acts as a buffer that protects you from your own inevitable forecasting errors and the market's unpredictability.
Posted inWealth

Benjamin Graham Quote

In the short run, the market is a voting machine, but in the long run, it is a weighing machine - Benjamin Graham
It means short-term prices are driven by emotions and popularity, but long-term value is determined by a company's actual financial performance and health.