"A road map for investing that I have now been following for 57 years." - From the Foreword by Warren E. Buffett
THE BIBLE OF VALUE INVESTING UPDATED BY TODAY'S VALUE INVESTING MASTERS
Buying a dollar's worth of assets for 50 cents isn't the only way to succeed on Wall Street. But it is how Warren Buffett got rich.
Just as value investing never goes out of style, neither does the value investor's bible, "Security Analysis," by Benjamin Graham and David L. Dodd, which has withstood the test of time as well or better than any investment book ever published. Now the Sixth Edition updates the masters' ideas and adapts them for the 21st century's markets.
In what will be a major event in the investment community, the second edition, which was published in 1940 and still considered the definitive edition, has been updated by a dream team of some of today's leading value investors. Their new commentaries will be added to the 1940 text.
"Graham's ideas inspired the investment community for nearly a century."- "Smart Money"
INCLUDES MORE THAN 150 NEW PAGES OF COMMENTARY BY THE MASTERS OF VALUE INVESTING:
Seth A. Klarman, president of The Baupost Group, L.L.C. and author of "Margin of Safety" James Grant, founder of "Grant's Interest Rate Observer," general partner of Nippon Partners Jeffrey M. Laderman, twenty-five year veteran of "BusinessWeek" Roger Lowenstein, author of "Buffett: The Making of an American Capitalist" and "When America Aged" and Outside Director, Sequoia Fund Howard S. Marks, CFA, Chairman and Co-Founder, Oaktree Capital Management L.P. J. Ezra Merkin, Managing Partner, Gabriel Capital Group. Bruce Berkowitz, Founder, Fairholme Capital Management. Glenn H.Greenberg, CFA, Co-Founder and Managing Director, Chieftain Capital Management Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business School David Abrams, Managing Member, Abrams Capital