From Our Editors
From the man whom Robert Hagstrom, Jr., author of "The Warren Buffett Way", calls "the dean of financial analysis" comes a timely reissue of the 1937 first edition of this classic investor's business reference
From the Publisher
"All investors, from beginners to old hands, should
gain from the use of this guide, as I have."
From the Introduction by Michael F. Price, president, Franklin
Mutual Advisors, Inc.
Benjamin Graham has been called the most important investment
thinker of the twentieth century.As a master investor, pioneering
stock analyst, and mentor to investment superstars, he has no
peer.
The volume you hold in your hands is Graham's timeless guide to
interpreting and understanding financial statements.It has long
been out of print, but now joins Graham's other masterpieces,
The Intelligent Investor and Security Analysis,
as the three priceless keys to understanding Graham and value
investing.
The advice he offers in this book is as useful and prescient
today as it was sixty years ago.As he writes in the preface, "if
you have precise information as to a company's present financial
position and its past earnings record, you are better equipped to
gauge its future possibilities.And this is the essential function
and value of security analysis."
Written just three years after his landmark Security
Analysis, The Interpretation of Financial Statements gets to
the heart of the master's ideas on value investing in astonishingly
few pages.Readers will learn to analyze a company's balance sheets
and income statements and arrive at a true understanding of its
financial position and earnings record.Graham provides simple tests
any reader can apply to determine the financial health and
well-being of any company.
This volume is an exact text replica of the first edition of
The Interpretation of Financial Statements, published by
Harper & Brothers in 1937.Graham's original language has been
restored, and readers can be assured that every idea and technique
presented here appears exactly as Graham intended.
Highly practical and accessible, it is an essential guide for
all business people--and makes the perfect companion volume to
Graham's investment masterpiece The Intelligent
Investor.
From the Jacket
The volume is Benjamin Graham''s timeless guide to interpreting and
understanding financial statements. It has long been out of print,
but now joins Graham''s other masterpieces, The Intelligent
Investor and Security Analysis, as the three keys to understanding
Graham and value investing. Readers will learn to analyze a
company''s balance sheets and income statements and arrive at a
true understanding of its financial position and earnings record.
Graham provides simple tests any reader can apply to determine the
financial health and well-being of any company. This volume is an
exact text replica of the first edition of The Interpretation of
Financial Statements, published by Harper & Brothers in 1937.
Graham''s original language has been restored, and readers can be
assured that every idea and technique presented here appears
exactly as Graham intended.
About the Author
"Graham ranks as this century's (and perhaps history's) most important thinker on applied portfolio investment." (John Train, author of The Money Masters)
Edition Details
Format: Hardcover
Published: April 23, 1998
Publisher: HARPERCOLLINS PUBLISHERS
Language: English
