Reason for Recommendation:

Benjamin Graham is the father of investment analysts everywhere, originally sparking the debate for a credential to professionalize the industry which led to the CFA Charter. He transformed the practice of financial analysis from trade to science. This book provides extremely valuable information and guidance for value investing, serving as a touchstone for investors. Security Analysis is a comprehensive, all-time bestseller investing book, and Warren Buffet has repeatedly praised his investment success and valuation skills he gained through the book.

"A road map for investing that I have now been following for 57 years."

--From the Foreword by Warren E. Buffett

About the Authors:

Benjamin Graham is considered to be the founder of value investing and taught at Columbia University’s Graduate School of Business.

David L. Dodd was a colleague of Grahams at Columbia University, where he taught as an assistant professor of Finance.

Brief Summary:

Security Analysis has provided generations of investors with timeless value investing philosophy and techniques. The book has been in continuous print since 1934, and though since much has changed on Wall Street since then, the concept of investing in undervalued companies has not. The book provides lucid explanation of investment basics as well as important concepts that are key to investment success.