"To achieve satisfactory investment results is easier than most people realise; to achieve superior results is harder than it looks.“
The pioneer of value investing, Benjamin Graham, was a highly influential economist and investor – admired and respected by pupils and colleagues alike. Cited as the greatest influence on Warren Buffet other than his own father, Graham’s highly esteemed principle of value investing made him a seminal figure on Wall Street and the revolutionary proponent of modern security analysis.
Graham was a pioneer – a man whose tenacity and principle allowed him to grow his investments through both the Great Depression and several major wars. Few Wall Street investors have had the longstanding influence of Graham – the ability to make history by redefining the conventions of his time.