Benjamin Graham Quotes:
Ocupation: Investor
Life: May 9, 1894 - September 21, 1976
Birthday: May 9
Death: September 21
The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price.
source: Benjamin Graham (1959). “The Intelligent Investor: A Book of Practical Counsel”
topic: Safety, Investing, Miscalculations
