Quote of the day by Benjamin Graham: "It is important to make sure that one is not lured by rash enthusiasm into commitments at levels greatly above those soundly warranted by the financial set-up and the earnings record" (opens original article in a new tab)
Benjamin Graham's quote advises investors to prioritize financial fundamentals over market enthusiasm to avoid overvaluation.
- Benjamin Graham warns against investing based on market enthusiasm rather than financial fundamentals.
- Graham emphasizes evaluating a company's financial health and earnings record before investing.
- He advises investors to avoid overvalued assets even if they are from strong companies.
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