Individuals who cannot master their emotions are ill-suited to profit from the investment process.
Benjamin GrahamRead
Have the courage of your knowledge and experience. If you have formed a conclusion from the facts and if you know your judgment is sound, act on it β even though others may hesitate or differ.
Interpretation
What this quote means
Have confidence in your own judgment and be willing to act on it, even when faced with opposition.
This quote emphasizes the importance of trusting one's own knowledge and experience when making decisions. Benjamin Graham encourages individuals to act upon their well-informed conclusions, even if they encounter hesitation or disagreement from others, advocating for courage and conviction in one's own judgment.
Themes
CourageKnowledgeExperienceJudgmentAction
In practice
Example use cases
During a business meeting when presenting a new idea that others may doubt.
More from Benjamin Graham
All quotes βIt is absurd to think that the general public can ever make money out of market forecasts.
Benjamin GrahamRead
Obvious prospects for physical growth in a business do not translate into obvious profits for investors.
Benjamin GrahamRead
When somebody asserts that a stock has an earning power of so much, I am sure that the person who hears him doesn't know what he means, and there is a good chance that the man who uses it doesn't know what it means.
Benjamin GrahamRead
To be an investor you must be a believer in a better tomorrow.
Benjamin GrahamRead
While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster
Benjamin GrahamRead
Similar quotes
I belong to a nation which over the past centuries has experienced many hardships and reverses. The world reacted with silence or with mere sympathy when Polish frontiers were crossed by invading armies and the sovereign state had to succumb to brutal force.
Lech WalesaRead
When things are going bad, don't get all bummed out. Don't get startled; don't get frustrated. If you can say the word 'good,' guess what? It means you're still alive. It means you're still breathing.
Jocko WillinkRead
I always knew about the risks I was taking. Every year, someone you knew was killed racing. You had to ask yourself, do you enjoy driving these cars so much that you're prepared to take that risk?
Niki LaudaRead
So long as you have courage and a sense of humor, it is never too late to start life afresh.
Freeman DysonRead
Army requests immediate permission to surrender in order to save lives of remaining troops.
Friedrich PaulusRead
Women have always been the strong ones of the world.
Coco ChanelRead