Graham & Dodd’s Security Analysis

Graham & Dodd’s Security Analysis is a foundational approach to evaluating investments, especially stocks and bonds, by thoroughly examining a company's financial health, earnings, assets, and market value. Their method aims to determine if an asset is undervalued compared to its intrinsic worth, offering a margin of safety for investors. The goal is to make informed decisions by analyzing financial statements and understanding the true value of a security, rather than relying on market trends or speculation. This disciplined approach promotes long-term, sound investing based on facts and careful analysis.