GAFM GLOBAL ACADEMY OF FINANCE AND MANAGEMENT  ®

3.  “The intelligent investor is a realist who sells to optimists and buys from pessimists.” (pg. xiii)

4.  “The intelligent investor gets interested in big growth stocks not when they are at their most popular – but when something goes wrong.” (pg. 183)

5.  “Price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal.” (pg. 205)

6.  “The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies.” (pg. 483)

7.  Successful investing is about managing risk, not avoiding it.” (pg. 535)

8.  The genuine investor in common stocks does not need a great equipment of brain and knowledge, but he does need some unusual qualities of character Chapter I, What the Intelligent Investor Can Accomplish, p. 8 - 

9.  A price decline is of no real importance to the bona fide investor unless it is either very substantial—say, more than a third from cost—or unless it reflects a known deterioration of consequence in the company's position. In a well-defined bear market many sound common stocks sell temporarily at extraordinary low prices. It is possible that the investor may then have a paper loss of fully 50 per cent on some of his holdings, without any convincing indication that the underlying values have been permanently affected. - Chapter II, The Investor and Stock-Market Fluctuations, p. 25