Successful investing professionals are disciplined and consistent and they think a great deal about what they do and how they do it..

Even defensive portfolios should be changed from time to time, especially if the securities purchased have an apparently excessive advance and can be….

The idea of storage as a solution of economic problems at least has the support of common sense.It is diametrically opposed to the topsy-turvy Alice-….

The chief obstacle to success lies in the stubborn fact that if the favorable prospects of a concern are clearly apparent they are almost always refl….

The 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 h….

If General Motors is worth $60 a share to an investor it must be because the full common-stock ownership of this gigantic enterprise as a whole is wo….

The Reservoir system will function not only as an equalizer of business conditions, but also as a national store to meet further emergencies, such as….

In most cases the favorable price performance will be accompanied by a well-defined improvement in the average earnings, in the dividend, and in the ….

If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume..

Experience teaches that the time to buy stocks is when their price is unduly depressed by temporary adversity. In other words, they should be bought ….

An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return..

The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes….

It 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 ma….

In the short run, the market is a voting machine, but in the long run it is a weighing machine..

The story of Joseph in Egypt and of the seven fat and the seven lean years has passed into the homely wisdom of the ages; but our economic thinking s….

Avoid second-quality issues in making up a portfolio unless they are demonstrable bargains..

The individual investor should act consistently as an investor and not as a speculator. This means ... that he should be able to justify every purcha….

Thousands of people have tried, and the evidence is clear: The more you trade, the less you keep..

The investor with a portfolio of sound stocks should expect their prices to fluctuate and should neither be concerned by sizable declines nor become ….

Evidently stockholders have forgotten more than to look at balance sheets. They have forgotten also that they are owners of a business and not merely….

No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on what Graham called the "m….