SECURITY ANALYSIS: FIFTH EDITION (BUSINESS BOOKS) - Tapa dura

"After twenty-five years the 'classic' has been updated...big bath accounting, value investing, duration, junk bonds, shareholder's rights...eternal truths. It's all here...a must for serious investors."
--John B. Neff, Managing Partner, Wellington Management Company

"With the original edition of this book...Ben Graham and Dave Dodd invented the profession of financial analysis for investment. This entirely new edition honors that past and gives investment professionals an invitation to the future."
--Charles D. Ellis, Partner, Greenwich Associates

"I'm delighted, as are most other investment professionals, that this classic book has been updated....It has a hands-on orientation providing plenty of real-life examples that...set it apart from most other investment textbooks. I believe that readers will find this version better presented and hence easier to read than previous editions."
--James L. Farrell, Jr., Chariman, MPT Associates

"The Fifth Edition provides a comprehensive treatment of the analysis of financial statements, the development of future earnings expectations and the valuation of stocks and bonds."
--William S. Gray, Investment Consultant, Harris Trust and Savings Bank

"It is good to have a newly revised edition of the most famous book in the investment counsel profession."
--John M. Templeton, Chairman, Templeton International

"At a time when many investment books either treat security analysis mechanically or omit any reference to it altogether, the fifth edition ofSecurity Analysis--the most influential book on investing ever written--is required reading for every serious investor."
--Jack Treynor, President, Treynor Capital Management, Inc., and Professor of Finance, University of Southern California

"An absolutely essential tool for the serious investor in both equity and debt securities."
--Leon G. Cooperman, Partner-in-Charge Investment Research and Co-Chairman of the Investment Policy Committee, Goldman, Sachs & Co

"The continental European analyst can only (again) be envious of the wealth of data and tools which the book describes, such as long historical records accessible by the computer, listing of reporting and tax ruls, etc."
--P. A. van de Pavard, econ. drs., CFA, European Federation of Security Analysts, (Board member)

"Security Analysis is essential to a proper understanding of investment fundamentals, as it has been since 1934."
--Frederick L. Muller, President, Atlanta Capital Management Company