"Timeless wisdom for investors! Explore insightful quotes from Benjamin Graham's classic book "The Intelligent Investor", highlighting the importance of rational thinking, emotional discipline, and long-term perspective in achieving investment success."
Here Are 17 Thoughts From The Book
"Investing is most intelligent when it is most businesslike" - Approach investing with a rational, detached mindset, like a business owner, to make informed decisions.
"The investor's chief problem—and even his worst enemy—is likely to be himself" - Self-awareness is crucial; emotions and biases can be detrimental to investment success.
"Price is what you pay. Value is what you get" - Focus on intrinsic value, not market price; true worth may differ from current valuation.
"In the short run, the market is a voting machine. In the long run, it's a weighing machine" - Market sentiment dominates short-term, but fundamentals prevail long-term.
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price" - Prioritize quality over cheapness for sustainable growth.
"Diversification is an established tenet of conservative investment" - Spread risk across various assets to minimize losses and maximize gains.
"The intelligent investor should recognize that market panics can create great buying opportunities" - Seize undervalued assets during market downturns for long-term gains.
"Stocks can be a wonderful investment, but only if you're willing to hold them patiently through the market's ups and downs" - Long-term perspective is essential for stock market success.
"The investor who is prepared to hold his securities indefinitely has a great advantage over the one who is not" - Flexibility and patience yield superior results.
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks" - Consistency is key; exceptional results require dedication.
"The intelligent investor will not try to profit from forecasts, but will instead try to profit from the market's mistakes" - Focus on mispricings, not predictions, for investment opportunities.
"Do not confuse your vested interests with reality. Do not look for sources to validate your opinions, look for sources that will challenge them" - Critical thinking and objectivity are vital in investing.
"The future of stock prices is never predictable" - Uncertainty is inherent; adapt and diversify to navigate market unpredictability.
"The intelligent investor never tries to time the market" - Focus on time in the market, not timing the market, for consistent growth.
"Market fluctuations can't be predicted, but they can be exploited" - Identify opportunities within market volatility for long-term gains.
"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" - Trust your research and conviction to make informed investment decisions.
"Success in investing doesn't correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing" - Emotional discipline and patience are more important than intellect in investing.
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