Quotes by Investing To be an investor you must be a believer in a better tomorrow. Benjamin Graham investing believer tomorrow The essence of investment management is the management of risks, not the management of returns. Benjamin Graham investing risk essence Never buy a stock because it has gone up or sell one because it has gone down. Benjamin Graham sells investing gone High valuations entail high risks. Benjamin Graham valuation investing risk The beauty of periodic rebalancing is that it forces you to base your investing decisions on a simple, objective standard. Benjamin Graham investing decision simple Always remember that market quotations are there for convenience, either to be taken advantage of or to be ignored. Benjamin Graham investing ignored taken Although there are good and bad companies, there is no such thing as a good stock; there are only good stock prices, which come and go. Benjamin Graham bad-company investing good-and-bad The intelligent investor gets interested in big growth stocks not when they are at their most popular - but when something goes wrong. Benjamin Graham investing growth intelligent Obvious prospects for physical growth in a business do not translate into obvious profits for investors. Benjamin Graham investing profit growth To see how much a company is truly earning on the capital it deploys in its businesses, look beyond EPS to Return on Invested Capital (ROIC). Benjamin Graham investing return looks Mr. Market's job is to provide you with prices; your job is to decide whether it is to your advantage to act on them. You no not have to trade with hime just because he constantly begs you to. Benjamin Graham investing advantage jobs The intelligent investor shouldn't ignore Mr. Market entirely. Instead, you should do business with him- but only to the extent that it serves your interests. Benjamin Graham investing intelligent should In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility. Benjamin Graham investing emotional forever The distinction between investment and speculation in common stocks has always been a useful one and its disappearance is cause for concern. Benjamin Graham investing causes common The individual investor should act consistently as an investor and not as a speculator. This means ... that he should be able to justify every purchase he makes and each price he pays by impersonal, objective reasoning that satisfies him that he is getting more than his money's worth for his purchase. Benjamin Graham investing money mean While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster Benjamin Graham investing wall accomplishment A speculator gambles that a stock will go up in price because somebody else will pay even more for it. Benjamin Graham speculators investing pay No statement is more true and better applicable to Wall Street than the famous warning of Santayana: "Those who do not remember the past are condemned to repeat it". Benjamin Graham investing wall past An investor calculates what a stock is worth, based on the value of its businesses. Benjamin Graham investors investing values It should be remembered that a decline of 50% fully offsets a preceding advance of 100%. Benjamin Graham investing decline should «1234567891011»