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The heart of Graham’s argument is that the intelligent investor must never forecast the future exclusively by extrapolating the past.

Benjamin Graham Quote: “The heart of Graham’s argument is that the intelligent investor must never forecast the future exclusively by extrapolating the past.”

“The heart of Graham’s argument is that the intelligent investor must never forecast the future exclusively by extrapolating the past.”

Benjamin Graham

Benjamin Graham Quote: “The heart of Graham’s argument is that the intelligent investor must never forecast the future exclusively by extrapolating the past.”
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