Cover image for The rediscovered Benjamin Graham : selected writings of the Wall Street legend
The rediscovered Benjamin Graham : selected writings of the Wall Street legend
Graham, Benjamin, 1894-1976.
Uniform Title:
Works. Selections
Publication Information:
New York ; Chichester : Wiley, [1999]

Physical Description:
xiii, 283 pages ; 24 cm
General Note:
Includes index.
Added Author:
Format :


Call Number
Material Type
Home Location
Item Holds
HG4522 .G63 1999 Adult Non-Fiction Non-Fiction Area

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"The sillier the market's behavior, the greater the opportunity forthe business-like investor. Follow Graham and you will profit fromfolly rather than participate in it."-Warren E. Buffett.

"[Graham] is the genius who literally created the framework forinvestment analysis that leads to successful investing. Like thatother genius Edison, Graham created light where there was none."-Bill Ruane, Sequoia Fund.

"It's never the wrong time to invoke the name of Benjamin Graham,value investor par excellence." -Money

"The search for intelligent investing should begin with theremarkable Benjamin Graham's timeless teachings. Read Lowe's bookand you'll learn to seek what the original master sought as shehelps Graham reclaim his rightful place as the most important andextraordinary investment writer of any generation."-Kenneth Lee,author of Trouncing the Dow.

Known as the "father of value investing," Benjamin Graham was-andis-one of America's most lauded financial thinkers. Billionaireinvestor Warren Buffett, a former student of Graham, extols him tothis day. Brilliant, successful, and ethical, he revolutionizedinvestment philosophy by introducing the concepts of securityanalysis, fundamental analysis, and value investing-theories thathave become timeless essentials of the field. Now, Janet Lowe,author of Benjamin Graham on Value Investing and Warren BuffettSpeaks, reintroduces the foundations of Graham's eminence-includinghis ever-relevant market observations and his assessment oflong-term economic problems-by presenting a unique compilation ofhis writings that contains rare and/or previously unpublishedarticles, lectures, and interviews.

Almost twenty-five years after his death, Benjamin Graham continuesto have one of the largest and most loyal followings of anyinvestment philosopher of this century. A prolific and popularwriter whose trademark was blending original ideas with wit andintelligence, he has guided and inspired Wall Street professionalswith his thoughtful ruminations and piercing insights on a host ofinvestment and economic topics. Though bits and pieces of thismaterial are widely quoted even today, the full writings have notalways been easy to find-until now.

The result of in-depth research, The Rediscovered Benjamin Grahambrings together the very best the investment legend had to offer,including such incisive works as:
* "Inflated Treasuries and Deflated Stocks: Are CorporationsMilking Their Owners?"
* "The Ethics of American Capitalism".
* "Proposals for an International Commodity-ReserveCurrency".
* "The New Speculation in Common Stocks".
* "Is American Business Worth More Dead Than Alive?".
* "The Simplest Way to Select Bargain Stocks".

A groundbreaking volume that fills an important niche in investmentliterature, The Rediscovered Benjamin Graham is destined to becomeas timeless a classic as its distinguished subject.

Jacket Design: Don Welsh

Author Notes

JANET LOWE is the author of the bestselling Warren Buffett Speaks, Jack Welch Speaks, and Bill Gates Speaks (all available from Wiley), as well as Benjamin Graham on Value Investing. Her articles have appeared in such publications as Newsweek , the Christian Science Monitor , the Los Angeles Times , and the San Francisco Chronicle . Ms. Lowe lives in Del Mar, California, with her husband, Austin Lynas.

Table of Contents

Walter J. SchlossJohn QuirtHartman L. Butler, Jr.
Benjamin Graham and Security Analysis A Reminiscencep. 1
Part 1 The Business and Ethics of Finance
Is American Business Worth More Dead than Alive?p. 7
A Three-Part Series of ArticlesBenjamin Graham
Inflated Treasuries and Deflated Stocks: Are Corporations Milking Their Owners?p. 7
Should Rich Corporations Return Stockholders' Cash?p. 15
Should Rich by Losing Corporations Be Liquidated?p. 22
The Ethics of American Capitalismp. 29
Part 2 About Stocks and the Stock Market
The New Speculation in Common Stocksp. 35
Address to the Financial Analysts Society Stock Market Luncheon
Stock Market Warning: Danger Ahead!p. 49
Based on a Speech Graham Delivered at UCLA, December 17, 1959
Renaissance of Valuep. 63
Rare Investment Opportunities Are Emerging
The Future of Common Stocksp. 80
Part 3 About the Profession of Investing
Toward A Science of Security Analysisp. 89
Proceedings, Fifth Annual Convention, National Federation of Fi]ancial Analysts Societies
Testimony Before the Committee on Banking and Currency, United States Senatep. 99
On Factors Affecting the Buying and Selling of Equity Securities
Part 4 Investment Strategies
Current Problems in Security Analysisp. 151
Part 5 The Commodity Reserve Plan
Proposals for an International Commodity-Reserve Currencyp. 233
Submitted to the International Monetary and Financial Conference at Bretton Woods, N.H., by the Committee for Economic Stability, June 21, 1944
Summarization of the Multiple Commodity Reserve Planp. 239
Committee for Economic Stability, March 1941
Part 6 Interviews with Benjamin Graham
Benjamin Graham: The Grandfather of Investment Value Is Still Concernedp. 249
The Simplest Way to Select Bargain Stocksp. 259
An Hour With Mr. Grahamp. 267
Indexp. 277