A Quote by Benjamin Graham

In an ideal world, the intelligent investor would hold stocks only when they are cheap and sell them when they become overpriced, then duck into the bunker of bonds and cash until stocks again become cheap enough to buy.

Benjamin Graham

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Again Become Bonds Bunker Buy Cash Cheap Duck Enough Hold Ideal Ideal World Intelligent Investor Only Sell Stocks Them Then Until World Would

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Benjamin Graham
American - Economist
May 8, 1894 - September 21, 1976

Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.

Warren Buffett

The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.

Benjamin Graham

Buy cheap and sell high is a rule of business, and when you control enough money and enough banks you can always manage that a stock you want shall be temporarily cheap. No value is destroyed for you - only for the original owner.

Ida Tarbell

Both cheap value stocks and more glamorous growth stocks can work well in a portfolio - if done right.

Kenneth Fisher

Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants to buy only [bonds], you can almost close your eyes and [buy] stocks.

Michael Steinhardt

For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.

Suze Orman

I had a few stocks, but stocks took a dive. I never sell my stocks.

Mickey Gilley

We are entering a hyperconnected world where every boss now has more access, cheap access to cheap labor, cheap genius, cheap robot, cheap software, and then this world averages over. There is only one answer to that, and that is to get everyone as close as possible to some form of post-secondary education, it could be vocational, it can be liberal arts, it can be science and technology.

Thomas Friedman

When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

Peter Lynch

Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.

Walter Schloss

I buy stocks when they are battered. I am strict with my discipline. I always buy stocks with low price-earnings ratios, low price-to-book value ratios and higher-than-average yield. Academic studies have shown that a strategy of buying out-of-favor stocks with low P/E, price-to-book and price-to-cash flow ratios outperforms the market pretty consistently over long periods of time.

David Dreman

We take the traditional value investor's process and just flip it around a little bit. The traditional value investor asks 'Is this cheap?' and then 'Why is it cheap?' We start by identifying a reason something might be mispriced, and then if we find a reason why something is likely mispriced, then we make a determination whether it's cheap.

David Einhorn

But my system for over 30 years has been this: When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30.

Peter Lynch

It would be nice if this [finding really cheap stocks] happened all the time. Unfortunately, it doesn't.

Charlie Munger

Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.

Bill Gross

The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to buy and sell large amounts at very cheap prices. That is a good thing.

Jamie Dimon

A Quote by Benjamin Graham

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