Einstein of Money, The: The Life and Timeless Financial Wisdom of Benjamin Graham

Warren Buffett--widely considered the most successful investor of all time--has repeatedly acknowledged Benjamin Graham as the primary influence on his investment approach. Indeed, there is a direct line between the record-shattering investing performance of Buffett (and other value investors) and Graham's life. In six books and dozens of papers, Graham--known as the "Dean of Wall Street"--left an extensive account of an investing system that, as Buffett can attest, actually works! This biography of Benjamin Graham, the first written with access to his posthumously published memoirs, explains Graham's most essential wealth-creation concepts while telling the colorful story of his amazing business career and his multifaceted, unconventional personal life. The author distills the best from Graham's extensive published works and draws from personal interviews he conducted with Warren Buffett, Charles Brandes, and many other top US and global value investors, as well as Graham's surviving children and friends. Warren Buffett once said, "No one ever became poor by reading Graham." Find out for yourself by reading Carlen's lively account of Benjamin Graham's fascinating life and time-tested techniques for generating wealth. From the Hardcover edition. Over The Years, Market Developments Have Proven The Wisdom Of Graham's Strategies. While Preserving The Integrity Of Graham's Original Text, This Revised Edition Includes Updated Commentary By Noted Financial Journalist Jason Zweig, Whose Perspective Incorporates The Realities Of Today's Market, Draws Parallels Between Graham's Examples And Today's Financial Headlines, And Gives Readers A More Thorough Understanding Of How To Apply Graham's Principles.-back Cover. What This Book Expects To Accomplish -- Investment Versus Speculation, Results To Be Expected By The Intelligent Investor -- Investor And Inflation -- Century Of Stock-market History, The Level Of Stock Prices In Early 1972 -- General Portfolio Policy, The Defensive Investor -- Defensive Investor And Common Stocks -- Portfolio Policy For The Enterprising Investor, Negative Approach -- Portfolio Policy For The Enterprising Investor, The Positive Side -- Investor And Market Fluctuations -- Investing In Investment Funds -- Investor And His Advisers -- Security Analysis For The Lay Investor, General Approach -- Things To Consider About Per-share Earnings -- Comparison Of Four Listed Companies -- Stock Selection For The Defensive Investor -- Stock Selection For The Enterprising Investor -- Convertible Issues And Warrants -- Four Extremely Instructive Case Histories -- Comparison Of Eight Pairs Of Companies -- Shareholders And Managements, Dividend Policy -- Margin Of Safety As The Central Concept Of Investment -- Postscript -- Appendixes: Superinvestors Of Graham-and-doddsville; Important Rules Concerning Taxability Of Investment Income And Security Transactions, In 1972; Basics Of Investment Taxation, Updated As Of 2003; New Speculation In Common Stocks; Case History, Aetna Maintenance Co.; Tax Accounting For Nvf's Acquisition Of Sharon Steel Shares; Technological Companies As Investments. Benjamin Graham. Previous Ed.: 4th Rev. Ed., With A New Pref. And Apppendix By Warren E. Buffett. New York : Harper & Row, [1985], C1973. Includes Bibliographical References (p. 579-587) And Index.

Warren Buffett—widely considered the most successful investor of all time—has repeatedly acknowledged Benjamin Graham, a man he personally studied and worked under, as the primary influence on his investment approach. Indeed, there is a direct line between the record-shattering investing performance of Buffett (and other value investors) and Graham’s life. In six books and dozens of papers, Graham—known as the "Dean of Wall Street"—left an extensive account of an investing system that, as Buffett can attest, actually works! This biography of Benjamin Graham, the first written with access to his posthumously published memoirs, explains Graham’s most essential wealth-creation concepts while telling the colorful story of his amazing business career and his multifaceted, unconventional personal life. The author distills the best from Graham’s extensive published works and draws from personal interviews he conducted with Warren Buffett, Charles Brandes, and many other top US and global value investors as well as Graham’s surviving children and friends, weaving Graham’s transformational ideas into the narrative of a momentous life and legacy. Warren Buffett once said, "No one ever became poor by reading Graham." By the same token, no one will ever become uninspired by reading Carlen’s lively account of Benjamin Graham’s fascinating life and time-tested techniques for generating wealth.

“By far the best book on investing ever written.” — Warren BuffettThe classic text of Benjamin Graham's seminal The Intelligent Investor has now been revised and annotated to update the timeless wisdom for today's market conditions.The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of'value investing'—which shields investors from substantial error and teaches them to develop long-term strategies—has made The Intelligent Investor the stock market bible ever since its original publication in 1949.Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.Vital and indispensable, this revised edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals. More than one million hardcovers sold Now available for the first time in paperback! The Classic Text Annotated to Update Graham's Timeless Wisdom for Today's Market Conditions The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals. The classic text of Benjamin Graham’s seminal The Intelligent Investor has now been revised and annotated to update the timeless wisdom for today’s market conditions. The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing"—which shields investors from substantial error and teaches them to develop long-term strategies—has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this revised edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals. Just as Albert Einstein transformed the physical sciences, Benjamin Graham permanently revolutionized the science of investment finance with boldly original thinking. In place of thinly disguised speculation, Graham introduced a highly lucrative empirical system that many billionaires and multimillionaires credit for their success. In The Einstein of Money, the first biography of Benjamin Graham written with access to his posthumously published memoirs, Joe Carle explores the core principles that served as the foundation for Graham's astonishing personal success in business and his lasting influence on past and present investment titans. These include such luminaries as Warren Buffet, Irving Kahn, Walter J. Schloss, William J. Ruane, and Charles H. Brandes. But Carlen goes further, using scrupulous research and detailed interviews conducted with Graham's surviving children, friends, and associates, as well as Graham's own reflections from his memories, to explore this fascinating figure and his timeless investing strategy "While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose persepective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles."--Page 4 of cover Losing it all The margin of safety Top of the class Numbers don't (usually) lie The original security analyst All or nothing - investors as business owners Dizzying heights & shuddering depths The folly of "Mr. Market" New beginnings Keynes, Hayek, & Graham? An eager young student from Omaha Disciples of value Stranger than fiction The ethics of money Of perpetual value. Drawing on a number of interviews with the likes of Warren Buffett and other high profile investors, Graham's surviving family, and noted finance professors, this title gives readers a look into Graham's most essential wealth-creation concepts, while telling the colourful story of his amazing business career and his multifaceted personal life. Taking account of both the defensive and the enterprising investor, outlines the principles of stock selection, explains simple portfolio policy, and offers advice on a range of strategies