Benjamin Graham Quotes
It is absurd to think that the general public can ever make money out of market forecasts.
Graham, Benjamin. The Intelligent Investor. Harper & Row, 1973.
The New York Stock Exchange had closed for the day after the assassination of President Kennedy. Lyndon Johnson called Funston to express his appreciation:
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.