Friday, January 28, 2011

A Classic Warren Buffett Book: Security Analysis

The book Security Analysis by Benjamin Graham and David Dodd may not qualify as one of Warren Buffet Books, but the latest edition of this book does have a foreword written by Warren Buffet himself.

The foreword of Security Analysis written by Warren Buffet is a moving tribute to both Ben Graham and David Dodd and also stresses the timeless wisdom of the book as Warren still has an original version of the book in his home library which he studied while at Columbia University.

The book Security Analysis was written shortly after the 1929 crash and is a comprehensive philosophical work which emphasizes the importance of in-depth fundamental analysis of companies, keeping a long term investment view when investing, methodologies for minimizing risk and the value of resisting the crowd mentality.

While the book 'Fundamental Analysis' is a challenging read, it is well worth while reading at least once if not a number of times to truly appreciate the timeless investment lessons this timeless investment book possesses.

Security Analysis is the kind of book someone reads once but keeps for reference as the wisdom within the book will be forever invaluable to any serious stock market investor.

For anyone looking to grasp the roots of warren Buffets investment beginnings as well as add a fundamental Bible of Investing to their book collection, Security Analysis in a powerfully education Warren Buffet Book to add to your investment book collection.

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