Graham & Dodd

Graham & Dodd refer to Benjamin Graham and David Dodd, authors of the influential 1934 book "Security Analysis." They introduced the concept of value investing—buying stocks that are undervalued compared to their true worth. Their approach emphasizes careful analysis of a company's financial health, assets, earnings, and intrinsic value, rather than market trends or short-term price movements. This disciplined method aims to reduce risk by seeking investments with a sufficient margin of safety. Their principles have heavily influenced modern investing, especially the value investing strategy practiced by renowned investors like Warren Buffett.