Benjamin Graham Quotes

Wall Street is littered with the bones of those who knew just what to do, but could not bring themselves to do it.

Practice self-discipline and keep emotions under control. Good judgment and common sense are essential.

Character isn't inherited. One builds it daily by the way one thinks and acts, thought by thought, action by action. If one lets fear or hate or anger take possession of the mind, they become self-forged chains.

I’m trying to manage myself, not just my portfolio.

Investing requires qualities of temperament way more than it requires qualities of intellect.

You have to be courageous to not spend money, ... and we don't have many people who have that courage.

So many of us, myself included, need to keep our sense of personal outrage in check. Each human beings position on the planet is one of intense humility.

Through readiness and discipline, we are the masters of our fate.

Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money.

Let us resolve to be masters, not the victims, of our history, controlling our own destiny without giving way to blind suspicions and emotions.

Investing isn't about beating others at their game. It's about controlling yourself at your own game.

A lot of people with high IQs are terrible investors because they've got terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success

The controlled person is a powerful person. He who always keeps his head will get ahead.

When thou art offended at any man's fault, forthwith turn to thyself and reflect in what manner thou doest error thyself. For by attending to this thou wilt quickly forget thy anger, if this consideration is also added, that the man is compelled; for what else could he do? or, if thou art able, take away from him the compulsion.

Without discipline, there can be no freedom.

Be tolerant with others and strict with yourself.

Emotions are choices.

Each of us needs to eliminate our anger, fear and greed. The roots of social conflicts and political tensions are in personal anger, fear and greed.

A big lesson that I'm always having to be reminded of is, you can't control how you feel, but you can control how you respond.

The most important quality for an investor is temperament, not intellect.

Discipline weighs ounces and regret weighs tons

Maturity: knowing where you're crazy, trying to warn others of the fact and striving to keep yourself under control.

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

Moods should be heard but never danced to.