A defensive investor can always prosper by looking patiently and calmly through the wreckage of a bear market.
Benjamin GrahamInvesting isn't about beating others at their game. It's about controlling yourself at your own game.
Benjamin GrahamThe beauty of periodic rebalancing is that it forces you to base your investing decisions on a simple, objective standard.
Benjamin GrahamIt is our argument that a sufficiently low price can turn a security of mediocre quality into a sound investment opportunity - provided that the buyer is informed and experienced and he practices adequate diversification. For, if the price is low enough to create a substantial margin of safety, the security thereby meets our criterion of investment.
Benjamin Graham