By reading this koob, you will discover what Value Investing in equities means, what it has to offer, and how you can use this timeless method to reach your own goals in amassing wealth.
You will also learn:
-Original ways to create stock portfolios, based on long-term strategizing;
-The difference between selective stock picking and group approaches;
-Who Mr. Market is, how he behaves, and why this parable is famous in investment circles;
-How this stock market bible has needed multiple revisions since its first publication in 1949;
-A comparison of defensive versus enterprising schemes for the lay investor;
-And all you want to know about Security Analysis, but thought no one would ever tell you.
Why, in the first place, did Graham reveal the secrets of his experience as a professor and a confidant to some of the world’s most successful stock and bond market investors? The equity securities marketplace, like everything else in our modern era, is in constant flux. That is the heart of this finance classic’s message—even though it, too, has changed in lockstep with the arcane world which it depicts. At the same time, it was American investor-economist Benjamin Graham who preached the famous aphorism of George Santayana: “Those who do not remember the past are condemned to repeat it.” Is “investment value theory” proper science or merely something akin to the bunk that draws people into a casino? Great advice or grand conspiracy?