The volume is Benjamin Graham's timeless guide to interpreting and
understanding financial statements. It has long been out of print, but
now joins Graham's other masterpieces, The Intelligent Investor and
Security Analysis, as the three keys to understanding Graham and value
investing. Readers will learn to analyze a company's balance sheets and
income statements and arrive at a true understanding of its financial
position and earnings record. Graham provides simple tests any reader
can apply to determine the financial health and well-being of any
company. This volume is an exact text replica of the first edition of
The Interpretation of Financial Statements, published by Harper &
Brothers in 1937. Graham's original language has been restored, and
readers can be assured that every idea and technique presented here
appears exactly as Graham intended.