Benjamin Graham Quotes


The Reservoir system will function not only as an equalizer of business conditions, but also as a national store to meet further emergencies, such as war and drought, and-most important of all-as the concrete means of developing a steadily higher living standard for all.


Citations

Graham, Benjamin. Storage and Stability: A Modern Ever-normal Granary. McGraw-Hill, 1937, p. 129.

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Benjamin Graham
Benjamin Graham
  • Born: May 9, 1894
  • Died: September 21, 1976
  • Nationality: American
  • Profession: Economist

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.