Name: security analysis
Price: 196.80 NZD
Availability: InStock
Author: Graham, Benjamin ; Dodd, David
ISBN: 9780070244962

Type

Physical Book

Author

Benjamin Graham

David Dodd

Publisher

McGraw-Hill Companies

Language

English

Pages

725

Format

Hardcover

Dimensions

23.1 x 15.5 x 5.3 cm

Weight

1.15 kg.

ISBN

0070244960

ISBN13

9780070244962

Synopsis "security analysis"

Rare is the opportunity to see, much less own, an original. But this unusual, carefully crafted reproduction of Benjamin Graham and David Dodd's immortal Security Analysis gives you that chance--to read and treasure a true classic--the book that gave birth to value investing. Continuously in print through five editions, for more than 60 years, and through nearly a million copies, the primer for many of America's most illustrious investors--and the wellspring of Graham and Dodd's Wall Street Immortality--Security Analysis is indisputably the most influential book on investing ever written. Still the investors' bible, it's as frequently consulted today as it was when it first appeared in 1934. Of course, over the years and over five editions, Security Analysis changed. Its language was modernized. New material was added. Metaphors and examples were brought up to date. In the light of changing times, these alterations were necessary and appropriate. But what of the original book? The very durability of this work arouses our curiosity. And what we discover when we return to the original is very simply a classic, a work whose uncompromising worth has not paled since it first saw the light of day in 1934. The original words of Benjamin Graham and David Dodd--put to paper not long after the disastrous Stock Market Crash of 1929--still have the mesmerizing qualities of rigorous honesty and diligent scrutiny, the same riveting power of disciplined thought and determined logic that gave the work its first distinction and began its illustrious career. The words you will read here are eloquent. Not only a financial genius and a man of high repute for honorable dealings, Graham was a man of letters invited to teach in the literature department at Columbia University (as well as in the economics and philosophy departments). But this reproduction is far more than a historical curiosity, an interesting object, and a delightful read. It presents the original Graham/Dodd method of investing--told in their own words as they first described it in the 1930s. What exactly is this method that has drawn such longterm devotion in the notably fickle reaches of Wall Street? Graham and Dodd were Wall Street's first bargain shoppers. In this book they first explain their methods for locating bonds and stocks "which are selling well below the levels apparently justified by a careful analysis of the relevant facts." In this book, they tell you precisely how to find these undervalued securities and analyze those "relevant facts." Are these methods still practical and usable today? The great fortunes created by value investors Warren Buffett, Mario Gabelli, John Neff, Michael Price, and John Bogle testify that they certainly are. In their preface to this book, Graham and Dodd write that they hope their work "will stand the test of the ever enigmatic future." There is no doubt that it has. This distinctively wrought book is a careful reproduction of the 1934 edition, containing every word of the original.

Benjamin Graham

(Author)

View Author's Page

Benjamin Graham (born Benjamin Grossbaum) (London, May 8, 1894 – September 21, 1976) was an investor, author, and professor. He was known as The Dean of Wall Street. Graham is considered the father of Value Investing, an investment strategy he began teaching at Columbia Business School in 1928 and whose term he later refined throughout the editions of his famous book Security Analysis, co-written with David Dodd. Additionally, he is also recognized as the father of shareholder activism. Among Graham's disciples are Charles Brandes, Tom Knapp, Warren Buffett, William J. Ruane, Buffett acknowledges that Graham provided him with a solid intellectual framework for investing and describes him as the person who has most influenced his life after his father. In fact, Graham had such an influence on his students that two of them, Buffett and Kahn, named their sons, Howard Graham Buffett and Thomas Graham Kahn, in his honor.

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