Security Analysis

1st edition, second printing. Security Analysis by Benjamin Graham and David L. Dodd Published by Whittlesey House Division of McGraw Hill, 1934 First Edition, Stated Second Printing Marroon covers, gilt lettering on spine. You will find pencil writing throughout the book. The binding is still tight and squared. The pages have some ages through time, more so at page edges. The covers are good with some light rubbings, corners are still good . The sections of the book are: Preface Part I: Survey and Approach Part II: Fixed-Value Investments Part III: Senior Securities with Speculative Features Part IV: Theory of Common-Stock Investment. The Dividend Factor Part V: Analysis of the Income Account. The Earnings Factor in Common-Stock Valuation Part VI: Balanced-Sheet Analysis. Implications of Asset Values Part VII: Additional Aspects of Security Analysis, Discrepancies between Price and Value Appendix Index with One major entry for dividends; no entries for growth Part IV, page 325 lists: 1. The dividend rate and record 2. Income-account factors (earning power) 3. Balance-sheet factors Part V, page 351 lists "quality coefficient", earnings multiplier page 451is the price-earnings ratio as presented in Chapter XXXIX. The point of departure is a P/E of 10 and the maximum. …