Famous quote by Benjamin Graham

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Wall Street people learn nothing and forget everything
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"Wall Street people learn nothing and forget everything"

- Benjamin Graham

About this Quote

This quote by Benjamin Graham is a criticism of Wall Street individuals and their lack of knowing and memory. He indicates that Wall Street individuals are not making the effort to learn and understand the markets and the investments they are making. Rather, they are relying on short-term gains and fast revenues, without considering the long-term ramifications of their decisions. Graham recommends that Wall Street individuals are not putting in the time to gain from their mistakes and are instead duplicating the same errors over and over once again. He thinks that Wall Street individuals should be more conscious of their choices and take the time to learn from their mistakes in order to make much better decisions in the future. This quote functions as a tip to Wall Street people to take the time to discover and keep in mind the lessons they have actually discovered in order to make much better decisions in the future.

About the Author

USA Flag This quote is written / told by Benjamin Graham between May 8, 1894 and September 21, 1976. He/she was a famous Economist from USA. The author also have 1 other quotes.

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