Security Analysis: Principles and Technique

Benjamin Graham; David L. Dodd; Sidney Cottle

ISBN 10: 0070239576 / ISBN 13: 9780070239579

Edité par McGraw Hill, 1962

A propos de cet article

The fourth and final edition of Security Analysis written and supervised directly by Benjamin Graham and David L. Dodd ? making it the last authentic expression of their methodology before later editions were updated and annotated by modern scholars such as Seth Klarman and James Grant. First published in 1934 as a response to the 1929 crash, the work evolved significantly across its four editions: where early printings focused on navigating Depression-era bankruptcy restructurings, this 1962 edition incorporates mid-20th-century market realities ? the rise of post-war corporate leverage, evolving SEC regulations, and the dramatically changed market conditions of 1960?61. Co-authored with Sidney Cottle (Stanford Research Institute) and Charles Tatham (Bache & Co.), it addresses Graham's updated criteria for bond selection, preferred stock analysis, and common stock valuation in a more mature and regulated market environment. The intellectual foundation for Warren Buffett's investment philosophy and the bible of fundamental value investing. Hardcover, no dust jacket. Interior clean and tight throughout.

N° de réf. du vendeur 260614010

Détails bibliographiques

• Titre: Security Analysis: Principles and Technique
• Éditeur: McGraw Hill
• Date de parution: 1962
• Langue: anglais
• ISBN à 10 chiffres: 0070239576
• ISBN à 13 chiffres: 9780070239579
• Reliure: hardcover
• Édition: 4th Edition.
• État de l'article: Good
• État de la jaquette: Missing
• Poids: 40 onces

A propos de ce titre

Synopsis

Book by Benjamin Graham David L Dodd Sidney Cottle

Quatrième de couverture

"After twenty-five years the 'classic' has been updated...big bath accounting, value investing, duration, junk bonds, shareholder's rights...eternal truths. It's all here...a must for serious investors."
--John B. Neff, Managing Partner, Wellington Management Company

"With the original edition of this book...Ben Graham and Dave Dodd invented the profession of financial analysis for investment. This entirely new edition honors that past and gives investment professionals an invitation to the future."
--Charles D. Ellis, Partner, Greenwich Associates

"I'm delighted, as are most other investment professionals, that this classic book has been updated....It has a hands-on orientation providing plenty of real-life examples that...set it apart from most other investment textbooks. I believe that readers will find this version better presented and hence easier to read than previous editions."
--James L. Farrell, Jr., Chariman, MPT Associates

"The Fifth Edition provides a comprehensive treatment of the analysis of financial statements, the development of future earnings expectations and the valuation of stocks and bonds."
--William S. Gray, Investment Consultant, Harris Trust and Savings Bank

"It is good to have a newly revised edition of the most famous book in the investment counsel profession."
--John M. Templeton, Chairman, Templeton International

"At a time when many investment books either treat security analysis mechanically or omit any reference to it altogether, the fifth edition of Security Analysis--the most influential book on investing ever written--is required reading for every serious investor."
--Jack Treynor, President, Treynor Capital Management, Inc., and Professor of Finance, University of Southern California

"An absolutely essential tool for the serious investor in both equity and debt securities."
--Leon G. Cooperman, Partner-in-Charge Investment Research and Co-Chairman of the Investment Policy Committee, Goldman, Sachs & Co

"The continental European analyst can only (again) be envious of the wealth of data and tools which the book describes, such as long historical records accessible by the computer, listing of reporting and tax ruls, etc."
--P. A. van de Pavard, econ. drs., CFA, European Federation of Security Analysts, (Board member)

"Security Analysis is essential to a proper understanding of investment fundamentals, as it has been since 1934."
--Frederick L. Muller, President, Atlanta Capital Management Company