The Tale of Investing Prodigy: Benjamin Graham
Books
His seminal books, ‘Security Analysis’ (1934) and ‘The Intelligent Investor’ (1949) aided the intellectual foundation for value investing, an investment paradigm. In ‘Security Analysis’, Graham proposed a clear definition of investment, "An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."
Warren Buffett describes The Intelligent Investor as "the best book about investing ever written."Both of these books reprinted till date and are considered are considered as bible for serious investors. Some of his other books are "Benjamin Graham: The Memoirs of the Dean of Wall Street" (1996) and "Benjamin Graham On Value Investing: Lessons From The Dean Of Wall Street" (1999).
Inspirational Quotes
"Most of the time stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble … to give way to hope, fear and greed."
"Even the intelligent investor is likely to need considerable willpower to keep from following the crowd."
"It is absurd to think that the general public can ever make money out of market forecasts." (Source: Investopedia)
