Although there are good and bad companies, there is no such thing as a good stock; there are only good stock prices, which come and go.
Benjamin GrahamIt requires strength of character in order to think and to act in opposite fashion from the crowd and also patience to wait for opportunities that may be spaced years apart.
Benjamin GrahamNo statement is more true and better applicable to Wall Street than the famous warning of Santayana: "Those who do not remember the past are condemned to repeat it".
Benjamin GrahamThe true investor... will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.
Benjamin Graham