The volume is Benjamin Graham's timeless guide to interpreting and understanding financial statements. It has long been out of print, but now joins Graham's other masterpieces, The Intelligent Investor and Security Analysis, as the three keys to understanding Graham and value investing. Readers will learn to analyze a company's balance sheets and income statements and arrive at a true understanding of its financial position and earnings record. Graham provides simple tests any reader can apply to determine the financial health and well-being of any company. This volume is an exact text replica of the first edition of The Interpretation of Financial Statements, published by Harper & Brothers in 1937. Graham's original language has been restored, and readers can be assured that every idea and technique presented here appears exactly as Graham intended.
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"This reissue of the classic 1937 edition ... is right on time.... [The] basic study of financial statements by the average investor is more important than ever.-From the Introduction by Michael F. Price, president, Franklin Mutual Advisors, Inc."Graham's ideas ... formed the framework of thinking about the stock market that has inspired the investment community for nearly a century."-Smart Money"Graham ranks as this century's (and perhaps history's) most important thinker on applied portfolio investment."-John Train, author of The Money Masters
Designed to enable the reader to read financial statements correctly. Every business person and investor is expected to understand these corporate statements, and the ability to know what the figures mean provides a sound basis for good business judgement. The authors of this book introduce the typical elements of a typical balance sheet and income account while showing the reader how a company's present financial position and past earnings may determine its future possibilities.
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Hardcover. Condition: Good. No Jacket. Former library book; Missing dust jacket; Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 0.6. Seller Inventory # G0060324902I3N11
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