Security Analysis (2nd Edition): Principles and Techniques

by Benjamin Graham, Scott R. Pollak (Narrator), David Dodd

Graham's ideas inspired the investment community for nearly a century. —Smart Money

Graham's method of investing is as relevant today as it was when he first espoused it during the Roaring Twenties. —Investor's Business Daily

Benjamin Graham's revolutionary theories have influenced and inspired investors for nearly 70 years. First published in 1934, his Security Analysis is still considered to be the value investing bible for investors of every ilk. Yet, it is the second edition of that book, published in 1940 and long since out of print, that many experts—including Graham protégé Warren Buffet—consider to be the definitive edition. This audio reproduction of that seminal work makes available to investors, once again, the original thinking of this century's (and perhaps history's) most important thinker on applied portfolio investment.

This audiobook is expertly narrated by Scott R. Pollak, and was produced and published by Echo Point Books & Media, an independent bookseller in Brattleboro, Vermont. 1934 The McGraw-Hill Companies (P)

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

Audible Audio

Published August 12, 2024

About the author

Benjamin Graham was a British-born American financial analyst, investor and professor. He is widely known as the "father of value investing", and wrote two of the discipline's founding texts: Security Analysis (1934) with David L. Dodd, and The Intelligent Investor (1949). His investment philosophy stressed independent thinking, emotional detachment, and careful security analysis, emphasizing the importance of distinguishing the price of a stock from the value of its underlying business.
After graduating from Columbia University at age 20, Graham started his career on Wall Street, eventually founding Graham–Newman Corp., a successful mutual fund. He also taught investing for many years at Columbia Business School, where one of his students was Warren Buffett. Graham later taught at UCLA Anderson School of Management at the University of California, Los Angeles.
Graham laid the groundwork for value investing at mutual funds, hedge funds, diversified holding companies, and other investment vehicles. He was the driving force behind the establishment of the profession of security analysis and the Chartered Financial Analyst designation. He also advocated the creation of index funds decades before they were introduced. Throughout his career, Graham had many notable disciples who went on to earn substantial success as investors, including Irving Kahn and Warren Buffett, who described Graham as the second most influential person in his life after his own father. Among other well-known investors influenced by Graham were Charles D. Ellis, Mario Gabelli, Seth A. Klarman, Howard Marks, John Neff and John Marks Templeton.