"A road map for investing that I have now been following for 57
years."
--From the Foreword by Warren E. Buffett
First published in 1934, Security Analysis is one of the most
influential financial books ever written. Selling more than one million
copies through five editions, it has provided generations of investors
with the timeless value investing philosophy and techniques of Benjamin
Graham and David L. Dodd.
As relevant today as when they first appeared nearly 75 years ago, the
teachings of Benjamin Graham, "the father of value investing," have
withstood the test of time across a wide diversity of market conditions,
countries, and asset classes.
This new sixth edition, based on the classic 1940 version, is enhanced
with 200 additional pages of commentary from some of today's leading
Wall Street money managers. These masters of value investing explain why
the principles and techniques of Graham and Dodd are still highly
relevant even in today's vastly different markets. The contributor list
includes:
- Seth A. Klarman, president of The Baupost Group, L.L.C. and author
of Margin of Safety
- James Grant, founder of Grant's Interest Rate Observer, general
partner of Nippon Partners
- Jeffrey M. Laderman, twenty-five year veteran of BusinessWeek
- Roger Lowenstein, author of Buffett: The Making of an American
Capitalist and When America Aged and Outside Director, Sequoia Fund
- Howard S. Marks, CFA, Chairman and Co-Founder, Oaktree Capital
Management L.P.
- J. Ezra Merkin, Managing Partner, Gabriel Capital Group .
- Bruce Berkowitz, Founder, Fairholme Capital Management.
- Glenn H. Greenberg, Co-Founder and Managing Director, Chieftain
Capital Management
- Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset
Management, Columbia Business School
- David Abrams, Managing Member, Abrams Capital
Featuring a foreword by Warren E. Buffett (in which he reveals that he
has read the 1940 masterwork "at least four times"), this new edition of
Security Analysis will reacquaint you with the foundations of value
investing--more relevant than ever in the tumultuous 21st century
markets.
