Looking for the best and inspirational Benjamin Graham quotes?
Benjamin Graham is often considered to be the father of value investing. He was one of the first people to advocate that investors should make long-term investments in stocks at a low price, endorse diversification as a way to reduce risk, and teach that it is better to purchase an undervalued company with an above-average growth rate than a company whose shares are trading at their true value or higher.
His investment philosophy centers around the idea that it is better to buy a stock at a price below its intrinsic value and hope it will go up. In order for this to work, one has to have a way of determining what the intrinsic value of a company is.
In his book The Intelligent Investor, he writes about how one can determine this by using ratios like Price-to-Earnings Ratio, Return on Equity, Earnings Yield, and more.
His quotes provide insights into how you should think about your life and investments, making them some of the most inspirational quotes out there.
33 Most Inspiring Benjamin Graham Quotes On Success
“Successful investing professionals are disciplined and consistent and they think a great deal about what they do and how they do it.” ― Benjamin Graham
“The stock market resembles a huge laundry in which institutions take in large blocks of each other’s washing – without rhyme or reason.” ― Benjamin Graham
“Individuals who cannot master their emotions are ill-suited to profit from the investment process.” ― Benjamin Graham
“Without a saving faith in the future, no one would ever invest at all. To be an investor, you must be a believer in a better tomorrow.” ― Benjamin Graham
“Never mingle your speculative and investment operations in the same account nor in any part of your thinking.” ― Benjamin Graham
“The genuine investor in common stocks does not need a great equipment of brain and knowledge, but he does need some unusual qualities of character.” ― Benjamin Graham
“Good management produce a good average market price, and bad management produce bad market prices.” ― Benjamin Graham
“Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences of being wrong.” ― Benjamin Graham
“If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume. ” Benjamin Graham
“The investor’s chief problem and even his worst enemy – is likely to be himself.” ― Benjamin Graham
“To have a true investment, there must be a true margin of safety. And a true margin of safety is one that can be demonstrated by figures, by persuasive reasoning, and by reference to a body of actual experience.” ― Benjamin Graham
“Successful investment may become substantially a matter of techniques and criteria that are learnable, rather than the product of unique and incommunicable mental powers.” ― Benjamin Graham
“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.” ― Benjamin Graham
“The best values today are often found in the stocks that were once hot and have since gone cold.” ― Benjamin Graham
“Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.” ― Benjamin Graham
“It requires strength of character in order to think and to act in opposite fashion from the crowd and also patience to wait for opportunities that may be spaced years apart.” ― Benjamin Graham
“The volume of credit depends upon three factors: the desire to borrow, the ability to lend and the desire to lend.” ― Benjamin Graham
“Buy not on optimism, but on arithmetic.” ― Benjamin Graham
“Investment is most intelligent when it is most businesslike.” ― Benjamin Graham
“People who invest make money for themselves; people who speculate make money for their brokers. And that, in turn, is why Wall Street perennially downplays the durable virtues of investing and hypes the gaudy appeal of speculation.” ― Benjamin Graham
“The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioural discipline that are likely to get you where you want to go.” ― Benjamin Graham
“Successful investing is about managing risk, not avoiding it.” ― Benjamin Graham
“Before you place your financial future in the hands of an adviser, it’s imperative that you find someone who not only makes you comfortable but whose honesty is beyond reproach.” ― Benjamin Graham
“You must never delude yourself into thinking that you’re investing when you’re speculating.” ― Benjamin Graham
“An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd.” ― Benjamin Graham
“To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.” ― Benjamin Graham
“Those who do not remember the past are condemned to repeat it.” ― Benjamin Graham
“The true investor will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.” ― Benjamin Graham
“Buy when most people, including experts, are pessimistic, and sell when they are actively optimistic.” ― Benjamin Graham
“The investment world nevertheless has enough liars, cheaters, and thieves to keep Satan’s check-in clerks frantically busy for decades to come.” ― Benjamin Graham
“Be fearful when others are greedy and greedy when others are fearful.” ― Benjamin Graham
“The intelligent investor is a realist who sells to optimists and buys from pessimists.” ― Benjamin Graham
“By developing your discipline and courage, you can refuse to let other people’s mood swings govern your financial destiny. In the end, how your investments behave is much less important than how you behave.” ― Benjamin Graham
