Benjamin Graham Quotes

If you're saving for the long run, it's actually a good thing when the market is down because the more shares you have, the more you can potentially make when markets rise. And over time - decades, not months - the markets rise more than they fall.

You watch guys live through their peaks, and then unfortunately, you've got to come down from that peak.

The key to making money is to stay invested.

Why is it so painful to watch a person sink? Because there is something unnatural in it, for nature demands personal progress, evolution, and every backward step means wasted energy.

Anyone who thinks there's safety in numbers hasn't looked at the stock market pages.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

There's no light at the end of the tunnel in the Republican message, no promise of better things to come. There's only the present stagnation, followed by a slow decline.

The more force used, the less effective it is.

The bigger the hat, the smaller the property.

The idea of a merit rating is alluring. The sound of the words captivates the imagination: pay for what you get; get what you pay for; motivate people to do their best, for their own good. ... The effect is exactly the opposite of what the words promise.

I'm a big believer in investing for the long term, and the decisions you make shouldn't be made if the economy is good or bad at a specific time.

I was about thirteen when I started thinking about the stock market. My dad helped me a little bit. I'd see it in the 'Santa Barbara News-Press.' These prices would change every day - what was that all about?

To qualify as a recession, economic activity must decline in an absolute sense; a mere slowdown in real growth is not enough.

I'm not the player I was.

As you decline in years, you decline in the marketplace.

First I was rich, then I was poor, now I am rich, again and I want to stay that way.

Betting that markets will be 'volatile' is like betting the weather will be partly cloudy. It's a smart-sounding strategy that doesn't mean much.

The Stock Market is designed to transfer money from the Active to the Patient.

The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies.

Thus it is that "Some things are increased by being diminished, others are diminished by being increased." What others have taught, I also teach; verily, I will make it the root of my teaching.

The investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage.

One doesn't like instabilities in markets; they may be damaging, but probably not fatal, as the October '87 crash showed. It turned out to be essentially inconsequential. So if that's true, I'm not very worried about the welfare of those who are investing any more than I am about the welfare of those who go into casinos.

Economic tough times are great times to be investing in the future.

More always means worse.

The good news is, the stock market is closed and it can't hurt us again until tomorrow.