A Quote by Benjamin Graham
An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.
Related Quotes
There is no such thing as guaranteed high investment returns. Be wary of anyone who promises that you will receive a high rate of return on your investment with little or no risk.
Since reasoning , or inference, the principal subject of logic, is an operation which usually takes place by means of words , and in complicated cases can take place in no other way: those who have not a thorough insight into both the signification and purpose of words, will be under chances, amounting almost to certainty, of reasoning or inferring incorrectly.
There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service revolves around the attainment of adequate diversification, the preservation of a long-term outlook, the ease of handling investment decisions and mechanics, and most importantly, the avoidance of the patently inferior investment techniques which seem to entice some individuals.
People should be more concerned with the return of their principal than the return on their principal.
It is our argument that a sufficiently low price can turn a security of mediocre quality into a sound investment opportunity - provided that the buyer is informed and experienced and he practices adequate diversification. For, if the price is low enough to create a substantial margin of safety, the security thereby meets our criterion of investment.
An absolute can only be given in an intuition, while all the rest has to do with analysis. We call intuition here the sympathy by which one is transported into the interior of an object in order to coincide with what there is unique andconsequently inexpressible in it. Analysis, on the contrary, is the operation which reduces the object to elements already known.
Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
The so-called co-efficient of heritability, which I regard as one of those unfortunate short-cuts, which have often emerged in biometry for lack of a more thorough analysis of the data.
But a lot of businesses out there don't see the return on investment, they look at it as a liability, and until they can understand that proactive security actually returns, gives them a return on investment, it's still a hard sell for people.
The UK is the number one destination in European Union for inward investment, the World Bank has ranked the UK as the sixth easiest place in he world to do business, so any organisation that makes promises about investment in the UK should live up to those promises.
To suppose that safety-first consists in having a small gamble in a large number of different companies where I have no information to reach a good judgment, as compared with a substantial stake in a company where one's information is adequate, strikes me as a travesty of investment policy.
It is not the return on my investment that I am concerned about; it's the return of my investment
To the labor of man alone Smith ascribes the power of producing values. This is an error. A more exact analysis demonstrates... that all the values are derived from the operation of labor, or rather from the industry of man, combined with the operation of those agents which nature and capital furnish him.
For people who have for been putting their hard-earned money into the system for years, the president's idea would replace their safety net with a risky gamble with no assurance of a stable return of investment.
I will tell you, in the case of education, you have to make the investment if youre going to get the return. Theres no doubt about that. Its a proven fact the return is there if you make the investment. It really is about priorities.
I will tell you, in the case of education, you have to make the investment if you're going to get the return. There's no doubt about that. It's a proven fact the return is there if you make the investment. It really is about priorities.
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