The book represents the genesis of financial analysis and corporate finance. However, by the 1970s, Graham stopped advocating a careful use of the techniques described in his text for security analysts in selecting individual stock investments, citing that "in the light of the enormous amount of research now being carried on, I doubt whether in most cases such extensive efforts will generate sufficiently superior selections to justify their cost. To that very limited extent I'm on the side of the "efficient market" school of thought now generally accepted by the professors." So is this book relevent to our days? Should I read it? Thanks for the input :) P.S. Info source is wikipedia
Submitted December 17, 2016 at 09:25AM by NeronoYa http://ift.tt/2gWdOeD
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