Get the summary
Subscribe today and dramatically increase your business knowledge in your own time and at an affordable rate. Our summaries will update your skills, jump-start your career and put you ahead of the pack. Learn how to thrive in every aspect of your professional life.
getAbstract rating
Overall  |
|
(9)Applicability |
|
Innovation |
|
Style |
|
| Level of Expertise |
|
(10)
(7)
(6)In this summary you will learn
- What security analysis is and how it differs from market analysis
- The differences between fixed value securities, senior securities with variable value and common stocks
- How to apply the guidelines of security analysis to each of these three types of security
Why you should read Security Analysis
A book that has been continuously in print for nearly 70 years obviously has timeless relevance. The principles of value investing, spelled out for the first time in Security Analysis by Benjamin Graham and David L. Dodd, have made fortunes for investors since it was first published in 1934. For example, Warren Buffett calls this book his Bible. Much has changed on Wall Street since the 1930s, but the concept of buying undervalued companies has not. In addition to its lucid explanation of investment basics, the book is a fascinating picture of a time when the lessons of the Great Depression were still being absorbed. The Securities Act of 1933 had just changed the rules of financial disclosure, and most public companies were manufacturers, mines, railroads or utilities - not the makeup of today’s blue-chip portfolio. getAbstract.com recommends this book to serious investors who want to cut through modern Wall Street jargon, and to students of financial history.
About the authors
Benjamin Graham is considered the father of modern security analysis. As the founder of the value school of investing, Graham influenced Warren Buffett, Mario Gabelli, John Neff, Michael Price and John Bogle. David L. Dodd was a follower of Graham’s theories and a fellow teacher at Columbia, where he was an assistant professor of finance.
If you wish to purchase 20 or more copies of this title (not the summary, but the actual book), please contact us at info@getAbstract.com. Make sure you include the title of the book and your phone number.
getAbstract makes it easy for you to access the summary of Security Analysis any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles!