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.
Mental models
Model 1
Use this model to estimate value instead of forecasting short-term price.
Model 2
Use this model to demand a margin of safety.
Model 3
Use this model to prioritize avoiding permanent loss.
Model 4
Use this model to wait for price and quality to align.