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 – 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 →It 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
It's my contention that there is no sincere path a human being can take without breaking his or her heart...so it can be a lovely, merciful thing to think, 'Actually, there is no path I can take without having my heart broken, so why not get on with it and stop wanting these extra-special circumstances which stop me from doing something courageous?'
David WhyteRead
If you learn a martial art, you learn to be dangerous, but simultaneously, you learn to control it.
Jordan PetersonRead
Limits, like fear, is often an illusion.
Michael JordanRead
Most unmarried Somali girls who got pregnant committed suicide. I knew of one girl in Mogadishu who poured a can of gasoline over herself in the living room, with everyone there, and burned herself alive. Of course, if she hadn't done this, her father and brothers would probably have killed her anyway.
Ayaan Hirsi AliRead
Extraordinary circumstances often bring along with them extraordinary strength. No man knows, till the experiment, what he is capable of effecting.
William GodwinRead
It doesn't take a hero to order men into battle. It takes a hero to be one of those men who goes into battle.
Norman SchwarzkopfRead