Top positive review
Excellent book, a hard slog for beginners
Reviewed in Australia on 2 September 2021
I have been trading shares personally for 20 years. Over that time I have effectively been value investing.
Reading a book that spells out that investment methodology is a revelation. Warren Buffet specifically wrote to Graham asking to attend his class at Columbia University.
The methodology is very risk averse. This book was written in 1948, with the Great Depression still visible in the rear view mirror.
Definitely recommend the book but you need to have read some other books on the mechanics of how the stock market works before tackling this book.
Also recommend Security Analysis by the same authors - I'd read this book first.