About the book
One could say that this is the bible of long-term investors, both literally and figuratively. This hardbound edition is 770 pages thick. Furthermore, it is said to be the foremost book in value investing, as it is authored by both Benjamin Graham and his colleague David Dodd. Ben Graham is considered to be the father of modern security analysis. He also happens to be the mentor of the legendary Warren Buffett.
Contents
Most of the chapters cover discussions on fixed-income securities, valuation of common stocks, and analysis of financial statements. Most of the examples however, are railroad companies. These companies were part of the blooming industries back in the 1950s.
Review
This book is not meant for those who are new and barely interested in investing. It is quite difficult to understand because most of the examples are hard to relate to (i.e. year 1950 railroad companies). However, any serious investor should at least read this book to get an appreciation of the fundamentals of value investing.
Difficulty Level = 5/5
This book can be difficult to comprehend. Only a few, but very important lessons can be learned and still applied today.
Personal Rating = 5/5
To understand more about the beginnings of modern security analysis (i.e. stock or bond evaluation), one must definitely get a copy of this timeless work.
Related links
More knowledge more money
ReplyDeleteWhen it comes to moving, good preparation makes all the difference. By doing some simple things like letting your groceries run out, preparing for the actual route of travel, and making sure your kids are Tucson Tax Preparation Services you can make the day much more pleasant for everyone.
ReplyDeleteI really got into this article. I found it to be interesting and loaded with unique points of interest. I like to read material that makes me think. Thank you for writing this great content. Fathers Day Flower Meaning
ReplyDeleteGreat article, happy grandparents day 2018
ReplyDeleteIf you are asked what the birth of cryptocurrency would bring to the world of finance, the first thing that will probably cross your mind is what is cryptocurrency? This thought however, will only come to the mind of people who are not well versed with the existing online currencies. But, if you are one of the few but dominant figures who know cryptocurrencies even if your eyes are closed, you would be able to answer the question more elaborately. trade bitcoin
ReplyDeleteMany nations are now actively considering what to do about crypto currencies (CC's), as they do not want to miss out on tax revenue, and to some degree they think they need to regulate this market space for the sake of consumer protection. Knowing that there are scams and incidences of hacking and thievery, it is commendable that consumer protection is being thought of at these levels. crypto euro stablecoin
ReplyDeleteIn today's new era, youngsters love to have fun with computers, especially when it comes to playing online games. The 21st century has come up with an excellent growth in online flash games, there are more than thousands of games which can be played on PC. People mostly enjoy getting through with action games, fighting games, puzzle games, sports games, racing games and many more. Card games
ReplyDelete