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Benjamin Graham's Quotes

Overview

Known as the father of value investing and Warren Buffett's teacher.

Style

Margin of safety, net-net stocks, investor psychology

Firm

Graham-Newman Partnership

Period

1894-1976

Benjamin Graham

Quotes

Memorable ideas rewritten as practical investing lessons.

Memorable ideas

Instead of memorizing quotes, convert Benjamin Graham's ideas into concrete actions. A memorable line only matters if it improves decisions.

Demand a margin of safety, separate price from value, and avoid letting market mood turn investing into speculation.

Separate market price from intrinsic value.

Require a meaningful margin of safety before buying.

Do not let short-term volatility define decision quality.

Investing is analysis, not guessing crowd emotion.