He pioneered the practice of ferreting out data to find a company's real value. Graham walked onto Wall Street in 1914, in an era when reliable information about corporations was sparse and the market was ruled by manipulators. $22.9,5), author Janet Lowe paints an admiring portrait. In Benjamin Graham on Value Investing (246 pages. One is a biography: the other tells how Graham's most successful protege, Warren Buffett, used Graham's teachings to make billions. Now, two new books are putting Graham back in the spotlight. Their intellectual father is Benjamin Graham, a money manager and professor whose work brought scientific methods to investing. The most zealous of these practitioners call themselves "value investors." They eschew economics and stock-market predictions and search solely for companies whose stock is underpriced. On Wall Street, investment managers do much the same thing, dissecting companies' financial statements in search of a stock's real worth. IN HIGH-SCHOOL BIOLOGY CLASSES, STUdents learn to cut up frogs to find out what's inside.
0 Comments
Leave a Reply. |