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Cover of Security Analysis by Benjamin Graham & David Dodd

Security Analysis

Benjamin Graham & David Dodd · 1934

The most technically demanding investment book ever written. A complete analytical framework for evaluating stocks and bonds: balance sheet analysis, income statement interpretation, margin of safety calculation. Buffett read it at 19 and followed it for 57 years. If The Intelligent Investor is the philosophy of value investing, Security Analysis is the engineering manual.

Business & Investing · the Pro canon

The case for it, the case against, and the rest of the canon open with Pro.