Ocupation: Investor
Life: May 9, 1894 - September 21, 1976
Birthday: May 9
Death: September 21
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 balance-sheet position. Thus in the long run the market test and the ordinary business test of a successful equity commitment tend to be largely identical.
source: Benjamin Graham (1959). “The Intelligent Investor: A Book of Practical Counsel”
topic: Running, Commitment, Successful, Dividends, Balance Sheets