Benjamin Graham, Building a Profession: The Early Writings of the Father of Security Analysis

Jason Zweig

ISBN 10: 007163326X / ISBN 13: 9780071633260

Published by McGraw-Hill Education - Europe, US, 2010

About this Item

How One Man Created a Profession-and Entirely Transformed the World of Investing"The small list of investment books that must grace the library of any serious investor-not to gather dust, but to be opened over and over again-just grew by one. This wonderful compilation of the wit and wisdom of Benjamin Graham is the new addition. Savor it. Learn from it. Treasure it." John C. Bogle, founder and former Chief Executive, The Vanguard Group"If youth is measured by creativity and excitement about new ideas and a thirst for learning, then Ben Graham-in his early 80s-was the youngest guy in the room when two-dozen stellar investment managers met for three days to explain the inner workings of investment management." Charles D. Ellis, CFA, Bestselling Author of Winning the Loser's Game"These writings, spanning over 30 years, help us understand even better the remarkable achievement of this visionary man and his lasting influence on the finance profession." Burton Malkiel, Princeton University, Bestselling Author of A Random Walk Down Wall Street "Investing involves the intelligent triangulation between fundamentals, psychology, and prices. Benjamin Graham, Building a Profession . . . illustrates how this investment legend never stopped thinking about this multi-dimensional challenge." Seth Klarman, The Baupost Group"Serious professionals in the investment business will delight in pouring over this and checking their own thoughts against those of the master." Jeffrey J. Diermeier, CFA, Diermeier Family Foundation, and former CFA Institute president and CEO"This is a must-read for anyone interested in the history and development of our profession and the importance of critical investment thinking." Gary P. Brinson, CFA, GP Brinson Investments"Some investors ('the happy few') know that Ben Graham's writings on financial analysis give them a leg up. So they will want to read this book, and other investors should." Jean-Marie Eveillard, First Eagle Funds "The CFA Institute and Jason Zweig have performed an invaluable service to our profession in collecting these [writings] in one volume." William H. Miller, CFA, Legg Mason Funds Management About the Book:When Benjamin Graham began workingon Wall Street in 1914, the centerof American finance resembled a lawless frontier.The concept of regulatory laws was in itsinfancy, the SEC wouldn't see the light of dayfor 20 years, and many firms hid assets andearnings from nosy outsiders.And security analysts didn't exist as weknow them. They were called "diagnosticians,"and they didn't do much analyzing. These investorsprided themselves on going with the"feel" of the market, and most of them rarelylooked at a financial statement.Appalled by the lack of research and quantification,Benjamin Graham set out to changeall this-and ended up creating the disciplineof modern security analysis.A collection of rare writings by and interviewswith one of financial history's most brilliantvisionaries, Benjamin Graham, Building aProfe.

Seller Inventory # LU-9780071633260

Bibliographic Details

• Title: Benjamin Graham, Building a Profession: The Early Writings of the Father of Security Analysis
• Publisher: McGraw-Hill Education - Europe, US
• Publication Date: 2010
• Language: English
• ISBN 10: 007163326X
• ISBN 13: 9780071633260
• Binding: Hardback
• Condition: New
• Weight: 619 grams

About this title

Synopsis

Learn and profit from the early writings of a financial genius

Benjamin Graham is widely known as the father of Value Investing, and mentor to Warren Buffett. But Graham made another critically important contribution by advocating that securities analysts should meet minimum requirements of knowledge, and be held to high standards of ethical conduct―in short, that the profession should be treated as seriously as other fields of study, like accounting, medicine or law.

Benjamin Graham and the Birth of the Professional Financial Analyst showcases Graham’s important contribution to remaking investment analysis as a profession. This fascinating collection spanning 30 years offers us valuable perspectives on investing and financial markets―many as vital in the present day as they were in Graham’s own tumultuous mid-twentieth century―and reveals the evolution of Graham’s passionate belief in the creation of a financial profession and a science of financial analysis.

Features:

• Updates and commentary by Jason Zweig, The Wall Street Journal’s “Intelligent Investor”
• Rare articles from The Financial Analysts Journal
• Created with the cooperation of the CFA Institute

About the Author

Jason Zweig writes the “Intelligent Investor”column for The Wall Street Journal. He has beena senior writer at Money, mutualfunds editor at Forbes, and guest columnist atTime and CNN.com. Zweig is the editorof the 2003 revised edition of BenjaminGraham’s book The Intelligent Investor and theauthor of Your Money and Your Brain (2007).
Rodney N. Sullivan , CFA, head of publicationsfor CFA Institute, serves as editor of theFinancial Analysts Journal and several otherleading publications. He was director of researchfor Trigon Healthcare, Inc. (nowAnthem Healthcare, Inc.) and a senior portfolioanalyst for Aris Corporation.