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We admit that we will never reach our ideal in this life, a distinctive the church claims that most other human institutions try to deny.

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Benjamin Graham

There is a close logical connection between the concept of a safety margin and the principle of diversification.

Close, Connection, Connections, Principle, Principles, Safety
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Investing isn't about beating others at their game. It's about controlling yourself at your own game.

Beating, Controlling, Game, Games, Investing

The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.

Behavioral, Discipline, Investing, Measure, Want

Losing some money is an inevitable part of investing, and there's nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money.

Inevitable, Intelligent, Investing, Prevent, Responsibility

A great company is not a great investment if you pay too much for the stock.

Company, Investing, Pay, Stock, Too Much

Successful investing is about managing risk, not avoiding it.

Avoiding, Investing, Risk, Successful
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