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"The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price."

— Benjamin Graham
benjamin graham Quotes Safety,Dependent,Margins

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Joy is not dependent on circumstances; it is your own. It is not a titillation produced by things; it is a state of peace, of silence-a meditative state. It is spiritual.

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