Rating:  Summary: A waste of money Review: Go buy the classic 1934 edition. The informal style of the 1934 edition can be easily read and understood by just about anyone. If that one was good enough for Warren Buffet, it's good enough for the rest of us. This latest edition reeks of academic arrogance and is poorly written with points that ramble on forever with no conclusion and examples that make no sense. The 1934 edition has some outdated examples but its concepts and forecasts are so true that you'd swear it was a historical perspective written in recent years.
Rating:  Summary: Great, but not for trading knowledge. Review: Graham and Dodd is a fascinating work devoted to the accurate valuation of a corporation, weighing in every conceivable factor. If you are a stock trader, read "How I trade Stocks and Bonds" by Richard D. Wyckoff (available @ Amazon) first. It is much cheaper, provides basic technical strategies, and is also considered a classic. If you are a serious student of the markets, order them together.
Rating:  Summary: the Von Clausewitz of the investment world... Review: Graham is a patient logical thinker who explains his methods meticulously.Don't look here for a get rich quick scheme.If you love the markets, and already have a basic knowledge of stocks and bonds,this book will give you a good base of reference to discern true value and keep from being caught up in the latest fad.Written with the benefit of hindsight after the Crash of 29,it is a must read.It is not light reading,yet sticking with it proves very rewarding.
Rating:  Summary: Best Book On Investing Period. Review: I have read a plethora of investment texts over the years as an avid businessman and investor in common stocks, and none of them are as complete as Security Analysis by Benjamin Graham(Grossbaum). The value investment priniciples outlined in this book are timeless and priceless. Any investor should own this definitive text in his library.
Rating:  Summary: must read Review: I just finished reading Grahm and Dodds Security Analysis, and was completely overwhelemed. If you can read this book, understand everything in it, and be able to apply it, you are golden. However, if you do not really have much background in finance and accounting, it will be VERY hard to read certain parts. As a college sophomore, who has not yet taken any finance or accounting classes, i was only able to understand and benefit from perhaps 50% of the books content. This is a book where after further education in finance and accounting, it will be absolutley essential to successful investing. Also, because of the year the first edition was written, certain terminology, and examples (ie railroads) will not seem useful, however the principles those examples demonstrate are still very much applicable. I would recommend reading the book to anyone who is interested in investing, however do not think it is something you can finish in a weekend or even a week. It took me a month.
Rating:  Summary: I love this book! Review: I recently finished reading the new book on Warren Buffett "Buffettology" (which I highly recommend) and became curious about Security Analysis, which Buffettology says is Warren Buffett's favorite book on investing. I was amazed to find that even though this book was written in 1934 it is still filled great wisdom on value investing. If you liked Buffettology, you will love Graham's Security Analysis.
Rating:  Summary: The Investor's Guide to Real Security Analysis Review: I still pick up my copy and marvel at the relevance of this exceptionally-written book.This book will be beget appreciation from professional and/or passionate fundamental analysts. Meanwhile, this book should be must reading for all young professionals who think that the world is different today and that history has nothing to teach us!
Rating:  Summary: The Investor's Guide to Real Security Analysis Review: I still pick up my copy and marvel at the relevance of this exceptionally-written book. This book will be beget appreciation from professional and/or passionate fundamental analysts. Meanwhile, this book should be must reading for all young professionals who think that the world is different today and that history has nothing to teach us!
Rating:  Summary: Speculation, Speculation, Speculation Review: I think that word, speculation, appears in the book about 1000 times. Graham's investment theory is that if you haven't analytically measured an investment's worth - you are speculating, or, buying into speculative securities. This book is very old and the manner in which the words and phrases were written are a resemblance of this. There are two major parts to this book: 1) Fixed Income Securities and 2) Stocks. Both are given a considerable amount of analytical consideration and explanation. These writings are detailed as well as very dry and boring. If your looking for an exiting, new-age, kind of book - this is not the one for you. Careful observation and undertanding of the writings is a must in order to successfully learn from Graham's teachings. I have read both Ben Graham's Security Analysis and Philip Fisher's Common Stocks Uncommon Profits: I am like Warren Buffet in the sense that I am 85% Graham and 15% Fisher. Fisher is mainly a Growth Stock investor while Graham is a Value investor. My portfolio alone is proof that value investing in high-growth stocks averages a far better return than simply buying high-growth stocks at whatever the market price may be at the time - relative to earnings. Like Real Estate investing, you want to buy low and sell high, not buy high and hope it goes higher so you can sell high! Despite the book's dry and boring format I love the book as it's a great guide in analizing any propestive stock - if you agree with the Value Investing Theory!
Rating:  Summary: the book Review: if u dont have time to read more than one book about your investment strategy, do not invest in the stocks at all. but it still does not cahnge the fact that this book is the only book u need.
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