Benjamin Graham, Building a Profession: The Early Writings of the Father of Security Analysis(English, Hardcover, Zweig Jason)
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When Benjamin Graham began working on Wall Street in 1914, the center of American finance resembled a lawless frontier. The concept of regulatory laws was in its infancy, the SEC wouldn't see the light of day for 20 years, and many firms hid assets and earnings from nosy outsiders. And security analysts didn't exist as we know them. They were called diagnosticians, and they didn't do much analyzing. These investors prided themselves on going with the feel of the market, and most of them rarely looked at a financial statement. Appalled by the lack of research and quantification, Benjamin Graham set out to change all this and ended up creating the discipline of modern security analysis. A collection of rare writings by and interviews with one of financial history's most brilliant visionaries, Benjamin Graham, Building a Profession presents Graham's evolution of ideas on security analysis spanning five decades. Articles include: Should Security Analysts Have a Professional Rating The Affirmative Case Financial Analysts Journal (1945) 'toward a Science of Security Analysis Financial Analysts Journal (1952) Inflated Treasuries and Deflated Stockholders: Are Corporations Milking Their Owners Forbes (1932) 'the Future of Financial Analysis Financial Analysts Journal (1963) Controlling versus Outside Stockholders Virginia Law Weekly (1953) These pages reveal the revolutionary ideas of a man who didn't so much find his calling as he created it from scratchand opened the door for entire generations of investors. Salient Features With updates and commentary by Jason Zweig, The Wall Street Journal. Collection features rare articles from The Financial Analysis Journal. Viewed by CFA Institute as a companion book to Security Analysis, whose combined revenue has exceeded $5 million since its publication in 1934 and celebrates its 75th Anniversary in 2009. Backing of the CFA Institute, which has over 100,000 members Builds on McGraw-Hills legacy of publishing Benjamin Graham Delivers unique book for our core audience of financial professionals