The classic work from the “father of value investing” has been fully updated for a new generation of investors First published in 1934, Security Analysis is one of the most influential financial books ever written. With over a million copies sold, it has provided generations of investors with Benjamin Graham and David L. Dodd’s timeless value investing philosophy and techniques. This seventh edition builds on the context and commentary of the sixth edition from ten of today’s leading voices on Wall Street. These masters of value investing discuss the influence of Graham and Dodd on today’s markets and contextualize the philosophy that influenced so many famous investors. Lead editor Seth Klarman, considered an intellectual successor to Warren Buffett in value investing, has assembled a team of contributors to provide commentary on Security Analysis in terms of today’s markets and practices, including how today’s value investors should assess markets, asset classes, and securities Graham and Dodd could not have possibly foreseen. • A renowned classic, Security Analysis is widely read by investors around the world as they begin their journey. • The sixth edition alone has sold 150,000 print copies. • Klarman is CEO and Portfolio Manager of The Baupost Group, an a venerable investment management firm known for its four-decade track record of success while protecting downside risk for clients. • Includes contributions by prominent and influential members of the finance community, discussing the evolution of value investing for todays readers.

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