Graham and Doddsville

"Graham and Doddsville" refers to a famous essay by Warren Buffett, published in 1984, which champions the investment principles of Benjamin Graham and David Dodd, pioneers of value investing. Buffett argues that successful investing isn't based on market trends or speculation but on intrinsic value and thorough analysis of companies. He uses examples from various successful investors who adhere to these principles to demonstrate that a disciplined, patient approach to investing can yield superior long-term results. The essay emphasizes the importance of fundamental analysis and rational decision-making in achieving financial success.