qA road map for investing that I have now been following for 57 years.q --From the Foreword by Warren E. Buffett First published in 1934, Security Analysis is one of the most influential financial books ever written. Selling more than one million copies through five editions, it has provided generations of investors with the timeless value investing philosophy and techniques of Benjamin Graham and David L. Dodd. As relevant today as when they first appeared nearly 75 years ago, the teachings of Benjamin Graham, athe father of value investing, a have withstood the test of time across a wide diversity of market conditions, countries, and asset classes. This new sixth edition, based on the classic 1940 version, is enhanced with 200 additional pages of commentary from some of todayas leading Wall Street money managers. These masters of value investing explain why the principles and techniques of Graham and Dodd are still highly relevant even in todayas vastly different markets. The contributor list includes: 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, 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 Featuring a foreword by Warren E. Buffett (in which he reveals that he has read the 1940 masterwork aat least four timesa), this new edition of Security Analysis will reacquaint you with the foundations of value investingamore relevant than ever in the tumultuous 21st century markets.But the trend of financing in recent years offers some promise that a fair number of really attractive convertibles may again make their appearance. ... Chapter 23 TECHNICAL CHARACTERISTICS OF PRIVILEGED SENIOR SECURITIES IN THE. 6 ... also from arbitrage operations involving the purchase of the bond and the simultaneous sale of the stock at a price slightly higher than the aconversion parity.
|Title||:||Security Analysis: Sixth Edition, Foreword by Warren Buffett|
|Author||:||Benjamin Graham, David Dodd|
|Publisher||:||McGraw Hill Professional - 2008-09-14|