Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Security Analysis, 6/e 6ED Hardcover – January 1, 2008
"Enlightenment Now: The Case for Reason, Science, Humanism, and Progress"
Is the world really falling apart? Is the ideal of progress obsolete? Cognitive scientist and public intellectual Steven Pinker urges us to step back from the gory headlines and prophecies of doom, and instead, follow the data: In seventy-five jaw-dropping graphs, Pinker shows that life, health, prosperity, safety, peace, knowledge, and happiness are on the rise. Learn more
Customers who bought this item also bought
Customers who viewed this item also viewed
What other items do customers buy after viewing this item?
Security analysis: sixth edition, foreword by warren buffett is one of the most significant books in the history of financial analysis. The theory on which this book is based, was subsequently called value investing. The book attempts to teach the investors a new approach to assess the business that lay behind security. This book contains many examples based on actual events to show the tendency of markets to undervalue some securities that don't seem to be favorable. It explains how this could help the savvy opportunists, if assessed rightly. It basically shows how an investor who is professionally trained can utilize the financial analysis of the corporation to determine the intrinsic value of a company. Security analysis further explains how graham's margin-of-safety principle can be used to make profit. It shows the investors how stocks can be bought when the market price is way below its original value and then earn good returns. The book also discusses the genesis of corporate finance and financial analysis. Security analysis: sixth edition, foreword by warren buffett was published on 25th november, 2008 and is available in hardcover. It includes a short introduction to the book by warren buffet who benefited immensely from this book.key features: this bestselling book has sold more than a million copies. The book is used as a textbook in columbia. This book is the longest running text in the field of investment theories ever published.
Top customer reviews
There was a problem filtering reviews right now. Please try again later.
During the great and disastrous development of the real estate mortgage - bond business between 1923 and 1929, the only datum customarily presented to support the usual bond offering - aside from an estimate of future earnings - was a state of the appraised value of the property, which almost invariably amounted to some 66' % in excess of the mortgage issue. If these appraisals had corresponded to the market values which experienced buyers of or lenders on real estate would place upon the properties, they would have been of real utility in the selection of sound real estate bonds. But unfortunately they were purely artificial valuations, to which the appraisers were willing to attach their names for a fee, and whose only function was to deceive the investor as to the protection which he was receiving.
...This whole scheme of real estate financing was honeycombed with the most glaring weaknesses, and it is sad commentary on the lack of principle, penetration, and ordinary common sense on the part of all parties concerned that it was permitted to reach such gigantic proportions before the inevitable collapse.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
It outlines the differences between investing and speculating.
Much time is devoted to the concept of "margin of safety" when purchasing securities.
If only more people took the ideas in this book more seriously, perhaps we could avoid the insane and unsubstantiated market bubbles that have come before and that we will undoubtedly see again.
Graham is considered to be the mentor of Warren Buffet; that should be reason enough for any serious investor not to just have this book in their library, but to seriously study the ideas and give it the full consideration it is due.