Benjamin Graham Quotes
In the old legend the wise men finally boiled down the history of mortal affairs into a single phrase: 'This too will pass.'
Graham, Benjamin. The Intelligent Investor. 4th Rev. ed., Harper & Row, 1973, p. 109.
As he predicted the Congressman was there long after the Secretary.
Benjamin Graham was a British-born American economist, professor and investor. He is widely known as the "father of value investing", and wrote two of the founding texts in neoclassical investing: Security Analysis (1934) with David Dodd, and The Intelligent Investor (1949). His investment philosophy stressed investor psychology, minimal debt, buy-and-hold investing, fundamental analysis, concentrated diversification, buying within the margin of safety, activist investing, and contrarian mindsets.