To be an investor you must be a believer in a better tomorrow. Benjamin Graham More Quotes by Benjamin Graham More Quotes From Benjamin Graham For 99 issues out of 100 we could say that at some price they are cheap enough to buy and at some price they would be so dear that they would be sold. Benjamin Graham investing issues would-be Both a priori reasoning and experience teach us that as as these funds grow larger the geometrical rate of growth by compound interest ultimately defeats itself. Benjamin Graham teach defeat growth THERE is widespread agreement among economists that abuse of credit constitutes one of the chief unwholesome elements in business booms and is mainly responsible for the ensuing crash and depression. Benjamin Graham abuse credit agreement Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed. Benjamin Graham investing wall principles The correct attitude of the security analyst toward the stock market might well be that of a man toward his wife. He shouldn't pay too much attention to what the lady says, but he can't afford to ignore it entirely. That is pretty much the position that most of us find ourselves vis-à-vis the stock market. Benjamin Graham wife attitude men The value of the security analyst to the investor depends largely on the investor's own attitude. If the investor asks the analyst the right questions, he is likely to get the right or at least valuable answers. Benjamin Graham analysts answers attitude The Reservoir plan is an engineering mechanism applied to the field of economics, and in its essence it has nothing to do with democracy or any other political philosophy. Benjamin Graham engineering essence philosophy There is something paradoxical in the fact that by establishing an export market we subject our entire domestic production to the vagaries of that market. Benjamin Graham paradoxical subjects facts It must be fundamentally wrong to reduce production of food and fiber while one-third of our population is still ill fed and ill clothed. Benjamin Graham fiber feds population The Reservoir system will function not only as an equalizer of business conditions, but also as a national store to meet further emergencies, such as war and drought, and-most important of all-as the concrete means of developing a steadily higher living standard for all. Benjamin Graham important war mean The only thing you should do with pro forma earnings is ignore them. Benjamin Graham investing should earning It is a fact worth pondering that four centuries ago the evil of "an abundance or surplus" arose from its being kept off the market, while today the evil of surplus lies in its being thrown upon the market. Benjamin Graham four evil lying The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation. Benjamin Graham great-depression financial cost Cartels have spread and will spread as long as the world lacks an effective mechanism by which balanced expansion may be achieved without a resulting disruption of prices. Benjamin Graham expansion long world The people of the United States will not tolerate another deep depression that arises not from any lack of natural resources, productive capacity or man and brain power, but solely from imperfections in the functioning of the system of finance capitalism. Benjamin Graham imperfection men people The memory of the financial community is proverbially and distressingly short. Benjamin Graham investing community memories