Price is the most important factor to use in relation to value.

You never get the high and you never get the low.

Graham liked the idea of protection on the downside.

Have a philosophy of investment and try to follow it.

I helped Ben with the third edition of Security Analysis, published in 1951.

Remember that a share of stock represents a part of a business and is not just a piece of paper.

Stockbrokers aren't too interested in a stock you can sit there for five years with.