A Quote by Benjamin Graham

The underlying principles of sound investment should not alter from decade to decade, but the application of these principles must be adapted to significant changes in the financial mechanisms and climate.
If the past decade was the decade of searching and finding and looking for stuff, this coming decade is going to be the decade of filtering and going to your friends for recommendations.
While it is never safe to affirm that the future of Physical Science has no marvels in store even more astonishing than those of the past, it seems probable that most of the grand underlying principles have been firmly established and that further advances are to be sought chiefly in the rigorous application of these principles to all the phenomena which come under our notice.
Responding to climate change will become the obsession of the next decade in much the same way terrorism was this decade's obsession.
Leadership is about having principles. A leader must have a vision and principles that will endure for all time and must always be true to these principles, applying them to changing circumstances
If by sticking to the moral principles you have followed all your life, you jeopardize your happiness and that of others, throw over your principles. Principles for principles' sake -that is not wisdom; that is obstinacy. Principles should be fluid because life is fluid.
By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.
There is a dichotomy between people who feel economic principles should order human civilization and people who believe humanitarian principles should order human civilization. That essential disagreement is underlying practically all our world drama.
We cannot afford to lose another decade. If we lose another decade, it becomes extremely costly to achieve climate stabilization.
The use of cases is to establish principles; if the cases decide different from the principles, I must follow the principles, not the decisions.
Long intervals frequently elapse between the discovery of new principles in science and their practical application... Those intellectual qualifications, which give birth to new principles or to new methods, are of quite a different order from those which are necessary for their practical application.
There is nothing so bad or so good that you will not find Englishmen doing it; but you will never find an Englishman in the wrong. He does everything on principle. He fights you on patriotic principles; he robs you on business principles; he enslaves you on imperial principles; he bullies you on manly principles; he supports his king on loyal principles and cuts off his king's head on republican principles.
Circumstances should never alter principles!
While we should never give up our principles, we must also realize that we cannot maintain our principles unless we survive.
Ours is the only religion that does not depend on a person or persons; it is based upon principles. At the same time there is room for millions of persons. There is ample ground for introducing persons, but each one of them must be an illustration of the principles. We must not forget that. These principles of our religion are all safe, and it should be the life-work of everyone of us to keep then safe, and to keep them free from the accumulating dirt and dust of ages.
Fashion is constantly changing from decade to decade, but I don't see a change in how many black faces I see on the runway, and it's something we should talk about because it's a problem.
Sound principles and eternal truths need to be frequently repeated so that we do not forget their application nor become dissuaded by other arguments.
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