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High valuations entail high risks.

Benjamin Graham

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Benjamin Graham
Age: 82 †
Born: 1894
Born: May 8
Died: 1976
Died: September 21
Economist
Financier
Investor
University Teacher
Writer
London
England
Risks
Investing
Risk
High
Valuations
Entail
Valuation

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The investor's primary interest lies in acquiring and holding suitable securities at suitable prices.
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The investor's chief problem - and even his worst enemy - is likely to be himself.
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An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.
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The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.
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