Value investing1934
Security Analysis
Benjamin Graham and David Dodd
A deep foundation for security analysis, asset valuation, bonds, stocks, and the margin-of-safety principle.
FAQ
When should I read it?
When you need a clearer framework to estimate value instead of forecasting short-term price.
Can I copy it exactly?
No. Test its assumptions against your costs, taxes, legal setting, and risk capacity.
What should I do after reading?
Write three principles, one checklist, and one real decision to test.