Security Analysis: The Classic 1951 Edition
The Book that Launched Value Investing, with Guidance and Insights that Stand the Test of TimeSecurity Analysis: The Classic 1951 Editionprovides a rare glimpse into the fundamental building blocks of modern value investing, with insights and strategies for the modern individual investor that are as valuable today as they were more than half a century ago. It brings Benjamin Graham's proven methods for measuring asset values and cash flows, still the centerpiece of value investing worldwide, to today's investment professionals.Focused on common stocks as a sound investment alternative for individual investors, this classic volume features:Expanded material on stockholder-management relations--vitally important in today's era of improved corporate governance and stockholder empowermentA step-by-step process for understanding income and balance sheets, and their direct relationship to future stock price appreciationHistorically proven guidelines for recognizing, and capitalizing on, profitable opportunities in secondary, little-known issuesIn the search for stocks poised to beat the market, basic techiques and strategies still work the best.Security Analysis: The Classic 1951 Editionshows you how to look beyond market noise and confusion to find undervalued stocks, and assemble a diversified portfolio that will provide you with outstanding profits today and in the years to come.