Security Analysis' has been current for more than 60 years. Graham and Dodd are not only astute observers but also veterans in the field of investing. They have seen investment markets and businesses plunge and raise themselves and have observed investor's behavior under all conditions.

Although their books are classics, Graham and Dodd manage to write in a clear and contemporary style that is just as applicable today as it was then. They provide details and techniques for achieving success as investors as well as the responsibilities of businesses to be transparent about the affair of their businesses for shareholders and potential investors.

The brunt of the book, however, is its timeless advice to students that careful assessment and review of balance sheets is the essence and key to success in investment.

The fact that Buffet writes that he has been following their "road map" for 57 years and that...
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