Obvious prospects for physical growth in a business do not translate into obvious profits for investors.
Benjamin GrahamThe correct attitude of the security analyst toward the stock market might well be that of a man toward his wife. He shouldn't pay too much attention to what the lady says, but he can't afford to ignore it entirely. That is pretty much the position that most of us find ourselves vis-à-vis the stock market.
Benjamin GrahamBy refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.
Benjamin GrahamThe market is always making mountains out of molehills and exaggerating ordinary vicissitudes into major setbacks.
Benjamin Graham