Words of Wisdom

MYOB brings to you a new series -- Words of Wisdom. This new series will feature poignant quotes on value investing. In this chaotic period, the inaugural post will feature Mr Benjamin Graham.


"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."