There are four fundamental areas of usefulness from the balance sheet:
“But it is necessary to caution the analyst against overconfidence in the practical utility of his findings. It is always good to know the truth, but it…
The original theory of investing in common stocks was based on a threefold concept:
Similar to straight bonds, senior securities with speculative features should be primarily selected on the basis of the enterprise not the contractual rights of the security.
“An outstanding record for a long period in the past, plus strong evidence of inherent stability, plus the absence of any concrete reason to expect a substantial change for the worse in the future, afford probably the only sound basis available…
The task of analysis is to carefully study the facts and draw conclusions based on sound logic and established principles. The craft of Security Analysis deals with four main elements:
This blog will serve the purpose of a public ledger on my quest to mastering the art of investing.
The principles employed originate from my readings of those who have studied and applied the art and science of learning. The two…