Showing posts with label WARREN BUFFET. Show all posts
Showing posts with label WARREN BUFFET. Show all posts

Sunday, August 24, 2014

SECURITY ANALYSIS


Security Analysis: Sixth Edition, Foreword by Warren Buffett is one of the most significant books in the history of financial analysis. The theory on which this book is based, was subsequently called Value Investing. The book attempts to teach the investors a new approach to assess the business that lay behind security. This book contains many examples based on actual events to show the tendency of markets to undervalue some securities that don't seem to be favorable. It explains how this could help the savvy opportunists, if assessed rightly. It basically shows how an investor who is professionally trained can utilize the financial analysis of the corporation to determine the intrinsic value of a company. Security Analysis further explains how Graham's margin-of-safety principle can be used to make profit. It shows the investors how stocks can be bought when the market price is way below its original value and then earn good returns. The book also discusses the genesis of corporate finance and financial analysis. Security Analysis: Sixth Edition, Foreword by Warren Buffett was published on 25th November, 2008 and is available in hardcover. It includes a short introduction to the book by Warren Buffet who benefited immensely from this book.