Graham-Dodd Security Analysis

Graham-Dodd Security Analysis is a method of evaluating investments, especially stocks and bonds, by thoroughly studying a company's financial health and intrinsic value. It involves analyzing financial statements, assessing assets, earnings, and management quality to determine if a security is undervalued or overvalued compared to its market price. The goal is to buy securities at a discount to their true worth, providing a margin of safety and reducing investment risk. This disciplined approach emphasizes careful research and patience, promoting long-term, value-based investing rather than speculation.