Security Analysis (Seventh Edition)

Principles and Techniques

By: Benjamin Graham, David Dodd

Narrated by: Scott R. Pollak

The classic work from the “father of value investing"—fully updated for today’s generation of investors.

Security Analysis is one of the most influential financial books ever written. With more than million copies sold, it has provided generations of investors with the timeless value investing philosophy and techniques of the legendary Benjamin Graham and David L. Dodd.

Security Analysis, Seventh Edition features the ideas and methods of today’s masters of value investing, who discuss the influence of Graham and Dodd on today’s markets and contextualize the philosophy that has influenced so many famous investors.

The successful value investor must constantly be in the process of reinvention, of raising his or her game to navigate the terrain of new eras, novel securities, nascent businesses, emerging industries, shifting standards, and evolving market conditions. With the diverse perspectives of experienced contributors, this new edition of Security Analysis is a rich and varied tapestry of highly informed investment thinking that will be a worthy and long-lived successor to the preceding editions.

This audiobook was produced and published by Echo Point Books & Media, an independent bookseller in Brattleboro, Vermont. ©1951, 2023 McGraw Hill (P)

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©1951, 2023 McGraw Hill (P)2024 Echo Point Books & Media, LLC

Timeless Financial Market Perspective

The depth and breadth of the subjects covered is tremendously useful. The parts where the thinking from almost 100 years ago is brought forward to today we’re particularly interesting.

Great

Book 1 of 10. Thanks Bill Ackman. I’m on an investing journey and need to read 9 more books.

Go to read a balance sheet.

In successful investing there are two important & basic aspects underlined by Graham in this title:

1. Selection; statistical understanding of the business value alluded by the dissection of a company’s 10yr track-record/balance-sheet.

2. Pricing; entering below calculated value as a margin for protection against large losses.

Combine these with a part-owner mindset and knowledge of “Mr. Markets” mood swings to gain the ability to manage a portfolio successfully.