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“The covers of this book are too far apart.” –Ambrose Bierce

Synopsis

Benjamin Graham was the father of value investing. In the shadow of the Great Depression, this author, business school professor, and investment firm founder devised a methodical system for measuring a stock’s intrinsic value. He took emotion out of investing decisions, replacing it with a sound intellectual framework that remains in use today. Here’s how you can put his theories and practices to work. In 1949, Warren Buffett--widely acknowledged as the most successful investor in history--was rejected for admission by the Harvard Business School. Although his exclusion may have dealt a lasting blow to Harvard’s alumni fundraising efforts, it was the best thing that ever happened to him. Why? Because he then enrolled at Columbia Business School, where he studied under Professor Benjamin Graham. It was Graham who introduced Buffett to the principles and applications of value investing, the tenets that have guided Buffett to his estimated $39 billion fortune. So who was Benjamin Graham, what exactly is value investing, and why is it relevant for today’s investor? Let’s take a look. New Word City, publishers of digital originals, contributes 10 percent of its profits to literacy causes.

Healthy Snack for Your Snacking Time

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