Benjamin Graham, Building a Profession: The Early Writings of the Father of Security Analysis (Hardcover)

Jason Zweig

ISBN 10: 007163326X / ISBN 13: 9780071633260

Editore: McGraw-Hill Education - Europe, 2010

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Hardcover. How One Man Created a Professionand Entirely Transformed the World of InvestingThe small list of investment books that must grace the library of any serious investornot to gather dust, but to be opened over and over againjust grew by one. This wonderful compilation of the wit and wisdom of Benjamin Graham is the new addition. Savor it. Learn from it. Treasure it. John C. Bogle, founder and former Chief Executive, The Vanguard GroupIf youth is measured by creativity and excitement about new ideas and a thirst for learning, then Ben Graham-in his early 80s-was the youngest guy in the room when two-dozen stellar investment managers met for three days to explain the inner workings of investment management. Charles D. Ellis, CFA, Bestselling Author of Winning the Loser's GameThese writings, spanning over 30 years, help us understand even better the remarkable achievement of this visionary man and his lasting influence on the finance profession. Burton Malkiel, Princeton University, Bestselling Author of A Random Walk Down Wall Street Investing involves the intelligent triangulation between fundamentals, psychology, and prices. Benjamin Graham, Building a Profession . . . illustrates how this investment legend never stopped thinking about this multi-dimensional challenge. Seth Klarman, The Baupost GroupSerious professionals in the investment business will delight in pouring over this and checking their own thoughts against those of the master. Jeffrey J. Diermeier, CFA, Diermeier Family Foundation, and former CFA Institute president and CEOThis is a must-read for anyone interested in the history and development of our profession and the importance of critical investment thinking. Gary P. Brinson, CFA, GP Brinson InvestmentsSome investors ('the happy few') know that Ben Graham's writings on financial analysis give them a leg up. So they will want to read this book, and other investors should. Jean-Marie Eveillard, First Eagle Funds The CFA Institute and Jason Zweig have performed an invaluable service to our profession in collecting these [writings] in one volume. William H. Miller, CFA, Legg Mason Funds Management About the Book:When Benjamin Graham began workingon Wall Street in 1914, the centerof American finance resembled a lawless frontier.The concept of regulatory laws was in itsinfancy, the SEC wouldnt see the light of dayfor 20 years, and many firms hid assets andearnings from nosy outsiders.And security analysts didnt exist as weknow them. They were called diagnosticians,and they didnt do much analyzing. These investorsprided themselves on going with thefeel of the market, and most of them rarelylooked at a financial statement.Appalled by the lack of research and quantification,Benjamin Graham set out to changeall thisand ended up creating the disciplineof modern security analysis.A collection of rare writings by and interviewswith one of financial historys most brilliantvisionaries, Benjamin Graham, Building aProfession presents Grahams evolution of ideason security analysis spanning five decades.Articles include:Should Security Analysts Have aProfessional Rating? The Affirmative CaseFinancial Analysts Journal (1945)Toward a Science of Security AnalysisFinancial Analysts Journal (1952)Inflated Treasuries and DeflatedStockholders: Are CorporationsMilking Their Owners? Forbes (1932)The Future of Financial AnalysisFinancial Analysts Journal (1963)Controlling versus OutsideSt Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.

Codice articolo 9780071633260

Dati bibliografici

• Titolo: Benjamin Graham, Building a Profession: The Early Writings of the Father of Security Analysis (Hardcover)
• Editore: McGraw-Hill Education - Europe
• Data di pubblicazione: 2010
• Lingua: Inglese
• ISBN 10: 007163326X
• ISBN 13: 9780071633260
• Rilegatura: Hardcover
• Condizione: new

Descrizione articolo

Riassunto

Learn and profit from the early writings of a financial genius

Benjamin Graham is widely known as the father of Value Investing, and mentor to Warren Buffett. But Graham made another critically important contribution by advocating that securities analysts should meet minimum requirements of knowledge, and be held to high standards of ethical conduct—in short, that the profession should be treated as seriously as other fields of study, like accounting, medicine or law.

Benjamin Graham and the Birth of the Professional Financial Analyst showcases Graham’s important contribution to remaking investment analysis as a profession. This fascinating collection spanning 30 years offers us valuable perspectives on investing and financial markets—many as vital in the present day as they were in Graham’s own tumultuous mid-twentieth century—and reveals the evolution of Graham’s passionate belief in the creation of a financial profession and a science of financial analysis.

Features:

• Updates and commentary by Jason Zweig, The Wall Street Journal’s “Intelligent Investor”
• Rare articles from The Financial Analysts Journal
• Created with the cooperation of the CFA Institute

Informazioni sull?autore

Jason Zweig writes the “Intelligent Investor”column for The Wall Street Journal. He has beena senior writer at Money, mutualfunds editor at Forbes, and guest columnist atTime and CNN.com. Zweig is the editorof the 2003 revised edition of BenjaminGraham’s book The Intelligent Investor and theauthor of Your Money and Your Brain (2007).
Rodney N. Sullivan , CFA, head of publicationsfor CFA Institute, serves as editor of theFinancial Analysts Journal and several otherleading publications. He was director of researchfor Trigon Healthcare, Inc. (nowAnthem Healthcare, Inc.) and a senior portfolioanalyst for Aris Corporation.