For 99 issues out of 100 we could say that at some price they are cheap enough to buy and at some price they would be so dear that they would be sold.

Diversification is an established tenet of conservative investment.

An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.

In the world of securities, courage becomes the supreme virtue after adequate knowledge and a tested judgment are at hand.

If I have noticed anything over these 60 years on Wall Street, it is that people do not succeed in forecasting what`s going to happen to the stock market.

A great company is not a great investment if you pay too much for the stock.

The most striking thing about Graham's discussion of how to allocate your assets between stocks and bonds is that he never mentions the word "age".