I didn't get it
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Having read numerous books on share analysis and investing, I was looking forward to reading the one deemed to be the top of the tree. I was dissappointed. I found the book hard to follow. Even harder than the tedious law books I studied at University. Although the book contains a lot of factual information about share analysis, I found it dificult to apply it to companies today. It was too academic a text. I preffered "The Intelligent Investor" by the same author and "Buffetology" by Mary Buffet, which are both much better written for the non academic (as I would class myself).
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Packed with Knowledge!
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A book that has been continuously in print for nearly 70 years obviously has timeless relevance. The principles of value investing, spelled out for the first time in Security Analysis by Benjamin Graham and David L. Dodd, have made fortunes for investors since it was first published in 1934. For example, Warren Buffett calls this book his Bible. Much has changed on Wall Street since the 1930s, but the concept of buying undervalued companies has not. In addition to its lucid explanation of investment basics, the book is a fascinating picture of a time when the lessons of the Great Depression were still being absorbed. The Securities Act of 1933 had just changed the rules of financial disclosure, and most public companies were manufacturers, mines, railroads or utilities — not the makeup of today’s blue-chip portfolio. We recommend this book to serious investors who want to cut through modern Wall Street jargon, and to students of financial history.
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