I have been around a long time and Wall Street has changed a lot.
Ben was a great believer in buying a diversified group of securities, so that he limited his risk.
Look at companies selling at new lows.
My first job at Graham-Newman was to prepare the annual report for that 10th year.
When I buy a stock, I have kind of an idea where I want to sell it.
Ben's emphasis was on protecting his expectation of profit with minimum risk.