Summary of Benjamin Graham
The Memoirs of the Dean of Wall Street
Benjamin Graham’s memoirs will teach you little about finding value in stocks, but a great deal about finding satisfaction in life.
The Dean of Wall Street confesses. That would be a great lead, except that Benjamin Graham has little to confess. Rather, Graham, considered the father of modern security analysis, tells us about his life, career, and his intellectual passions. He shares his thoughts about a range of issues, and about his experiences. For instance, did you know that he valued his intellectual pursuits more than making money? Or that he was a Broadway playwright? These memoirs are more concerned with Graham’s story than with his investment techniques. getAbstract recommends this book to those who want to learn more about Ben Graham, the man. It is not for those who want to learn more about Ben Graham, the founder of value investing.
In this summary, you will learn
- How Benjamin Graham’s childhood unfolded, leading him to a career at Wall Street
- Why Graham set up his own stock trading company
- How this company performed during the Wall Street Crash of 1929 and beyond
About the Author
Benjamin Graham (1894-1976) was a seminal figure on Wall Street. Among his many books were Security Analysis (co-authored with David Dodd in 1934 and now in its Fifth Edition from McGraw-Hill) and The Intelligent Investor. As the founder of the value school of investing, Graham influenced such subsequent legends as Warren Buffet, Mario Gabelli, John Neff, Michael Price, and John Bogle. Benjamin Graham graduated from Columbia University, where the Graduate School of Business has honored him in perpetuity with a professorship known as the Graham/Dodd Chair.
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