Benjamin Graham
Quotes
"The intelligent investor is a realist who sells to optimists and buys from pessimists."
"In the short run, the market is a voting machine but in the long run, it is a weighing machine."
"Buy not on optimism, but on arithmetic."
"The investor's chief problem — and even his worst enemy — is likely to be himself."
"Have the courage of your knowledge and experience. If you have formed a conclusion from the facts and if you know your judgment is sound, act on it."
"The essence of investment management is the management of risks, not the management of returns."
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks."