Benjamin Graham the Memoirs of the Dean of Wall Street pdf

本杰明格雷厄姆（1894-1976）是美国经济学家和投资者，被广泛认为是价值投资之父。 他出生于英国伦敦，小时候随家人移居纽约。 格雷厄姆就读于哥伦比亚大学，在那里他获得了经济学学位，后来继续在该大学任教。

格雷厄姆最著名的作品可能是其颇具影响力的著作《聪明的投资者》，该书于 1949 年首次出版。该书被认为是投资领域的经典之作，已被世界各地的投资者广泛阅读。 它强调价值投资的重要性，即以低于其内在价值的价格购买股票。

格雷厄姆的另一部著名著作是他与大卫·多德于 1934 年合着的《证券分析》。该书被认为是投资分析领域的开创性著作，至今仍被投资专业人士广泛使用。

除了写作之外，格雷厄姆还是一位成功的投资者，并于 1936 年创立了自己的投资公司 Graham-Newman Corporation。他最著名的投资之一是购买了 Geico 的股份，他持有该股份多年并最终使他成为 可观的利润。

格雷厄姆的投资理念侧重于分析一家公司的基本面，而不是其股价或市场趋势。 他相信安全边际的价值，即以低于其内在价值的大幅折扣购买股票以降低损失风险。

格雷厄姆对投资领域的影响至今仍能感受到，许多成功的投资者，包括沃伦巴菲特，都认为他的教义对他们自己的投资策略产生了重大影响。

Benjamin Graham the Memoirs of the Dean of Wall Street pdf 本杰明·格雷厄姆

"Benjamin Graham: The Memoirs of the Dean of Wall Street" is a book written by Benjamin Graham himself, detailing his life and career as an investor and teacher. Graham is widely considered to be the father of value investing, and his teachings have had a profound impact on the field of investing.

The book covers Graham's early years, including his childhood in London and his immigration to New York City as a child. He then goes on to discuss his education and early career in finance, including his work on Wall Street during the Great Depression.

The majority of the book focuses on Graham's investment philosophy and methodology. He describes his approach to value investing, which involves buying stocks that are undervalued by the market and holding onto them for the long term. He also discusses his strategies for analyzing financial statements and other data to identify attractive investment opportunities.

In addition to his investment advice, Graham shares his insights on the broader financial industry and the role of government regulation in the markets. He also reflects on his time as a professor at Columbia University's Graduate School of Business, where he taught many of the future titans of the investment industry.

Throughout the book, Graham emphasizes the importance of discipline, patience, and rational thinking in the investment process. He advises readers to approach investing with a long-term perspective, avoiding the short-term thinking that can lead to costly mistakes.

Overall, "Benjamin Graham: The Memoirs of the Dean of Wall Street" offers a valuable look into the life and teachings of one of the most influential investors of the 20th century. Graham's insights and strategies remain highly relevant today, and the book is recommended reading for anyone interested in value investing or the history of finance.