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Benjamin Graham
Benjamin Graham (; Given name, né Grossbaum; May 9, 1894 – September 21, 1976) was a British-born American financial analyst, economist, accountant, investor and professor. He is widely known as the "father of value investing", and wrote two of the discipline's founding texts: Security Analysis (book), ''Security Analysis'' (1934) with David Dodd, and ''The Intelligent Investor'' (1949). His investment philosophy stressed independent thinking, emotional detachment, and careful security analysis, emphasizing the importance of distinguishing the price of a stock from the value of its underlying business. After graduating from Columbia University at age 20, Graham started his career on Wall Street, eventually founding Graham–Newman Corp., a successful mutual fund. He also taught investing for many years at Columbia Business School, where one of his students was Warren Buffett. Graham later taught at the UCLA Anderson School of Management, Anderson School of Management at the Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moody's Manual
''Moody's Manual'' is a series of User guide, manuals published by Moody's Corporation. It was first published in 1900 by John Moody (financial analyst), John Moody, nine years before he founded Moody's. Initially called ''Moody's Manual of Industrial and Miscellaneous Securities'', it was later superseded by ''Moody's Manual of Railroads and Corporation Securities'', then by ''Moody's Analyses of Investments''. Until 1990's, they published a series of manuals on publicly traded stocks both in the United States and internationally. Market Inference publishes ''Manual of Investments'' which provides annual summaries of companies listed in New York Stock Exchange, NYSE, Nasdaq, and others. Selected historic publications ''Moody's Analyses of Railroad Investments;'' (1909) [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Dodd
David LeFevre Dodd (August 23, 1895 – September 18, 1988) was an American educator, financial analyst, author, economist, and investor. In his student years, Dodd was a ''protégé'' and colleague of Benjamin Graham at Columbia Business School. The Wall Street crash of 1929 (Black Tuesday) almost wiped out Graham, who had started teaching the year before at his alma mater, Columbia. The crash inspired Graham to search for a more conservative, safer way to invest. Graham agreed to teach with the stipulation that someone take notes. Dodd, then a young instructor at Columbia, volunteered. Those transcriptions served as the basis for a 1934 book '' Security Analysis'', which galvanized the concept of value investing. It is the longest running investment text ever published. Early life and education In 1916, Dodd graduated from High Street School, a high school in Martinsburg, West Virginia, where his father was the principal. In 1920, he completed his Bachelor of Science, at Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Templeton
Sir John Marks Templeton (29 November 1912 – 8 July 2008) was an American-born British investor, banker, fund manager, and philanthropist. In 1954, he entered the mutual fund market and created the Templeton Growth Fund, which averaged growth over 15% per year for 38 years.William Greene (1999)The Secrets Of Sir John Templeton(January 1, 1999). CNN Money, accessed 29 August 2020 A pioneer of emerging market investing in the 1960s, ''Money'' magazine named him "arguably the greatest global stock picker of the century" in 1999. Early life and education John Marks Templeton was born in the town of Winchester, Tennessee, and attended Yale University, where he was an assistant business manager for campus humor magazine '' Yale Record'' and was selected for membership in the Elihu society. He financed his tuition with a scholarship, odd jobs and winnings from playing poker, a game at which he excelled. He graduated in 1934 near the top of his class. He attended Balliol College ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Neff
John B. Neff (September 19, 1931 – June 4, 2019) was an American investor, mutual fund manager, and philanthropist. He was notable for his contrarian and value investing styles as well as for heading Vanguard's Windsor Fund. Windsor became the highest returning, and subsequently largest mutual fund in existence during Neff's management, eventually closing to new investors for a period in the 1980s. Neff retired from Vanguard in 1995. During Neff's thirty-one-year tenure at Windsor (1964 to 1995), the fund returned 13.7% annually versus 10.6% for the S&P 500. Early life and education John Neff was born in 1931 in Wauseon, Ohio. He attended the University of Toledo and graduated ''summa cum laude'' in 1955. He then worked at the National City Bank of Cleveland before attending the School of Business at Western Reserve University, graduating in 1958. Investment career In 1964, he joined the Wellington Management Company, a sub-advisor to the Vanguard group of funds. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howard Marks (investor)
Howard Stanley Marks (born 1946) is an American investor and writer. He is the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide. In 2022, with a net worth of $2.2 billion, Marks was ranked No. 1365 on the Forbes list of billionaires. Marks's essays, called "memos", are widely admired in the investment community. They detail his investment strategies and insight into the economy and are posted publicly on the Oaktree website. He has also published 3 books on investing. According to Warren Buffett, "When I see memos from Howard Marks in my mail, they're the first thing I open and read. I always learn something, and that goes double for his book." Marks focuses on risk management and says that investors should set investment strategy according to their personal situations and ask themselves whether they worry more about the risk of losing money or the risk of missing an opportunity. Marks believes that it is hard t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seth Klarman
Seth Andrew Klarman (born May 21, 1957) is an American billionaire investor, hedge fund manager, and author. He is a proponent of value investing. He is the chief executive and portfolio manager of the Baupost Group, a Boston-based private investment partnership he founded in 1982. He closely follows the investment philosophy of Benjamin Graham and is known for buying unpopular assets while they are undervalued, seeking a margin of safety and profiting from any rise in price. Since his fund's $27 million-dollar inception in 1982, he has realized a 20% compounded return on investment. He manages $30 billion in assets. In 2008, he was inducted into ''Institutional Investor'' Alpha's Hedge Fund Manager Hall of Fame. ''Forbes'' listed his personal fortune at US$1.3 billion and said he was the 15th highest earning hedge fund manager in the world in 2017. He has drawn numerous comparisons to fellow value investor Warren Buffett, and akin to Buffett's notation as the "Oracle of Om ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mario Gabelli
Mario Joseph Gabelli (born June 19, 1942) is an American stock investor, investment advisor, and financial analyst. He is the founder, chairman, and CEO of Gabelli Asset Management Company Investors (Gamco Investors), an investment firm headquartered in Rye, New York. ''Forbes'' Magazine listed him as #1725 in December 2023 on the list of Billionaires, with a net worth of $1.7 billion US dollars. In January 2000, Gabelli was inducted into the "'' Barron's'' All Century Team," their list of the most influential mutual fund industry portfolio managers. Mr. Gabelli was named an honorary member of Local 6 and the Hotel Trades Council in December 2019 and formally inducted into the Horatio Alger Association of Distinguished Americans in April 2020. Early life and education Gabelli, the son of Italian immigrants, was born in The Bronx and went to Fordham Preparatory School, where he graduated in 1961. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles D
Charles is a masculine given name predominantly found in English and French speaking countries. It is from the French form ''Charles'' of the Proto-Germanic name (in runic alphabet) or ''*karilaz'' (in Latin alphabet), whose meaning was "free man". The Old English descendant of this word was '' Ċearl'' or ''Ċeorl'', as the name of King Cearl of Mercia, that disappeared after the Norman conquest of England. The name was notably borne by Charlemagne (Charles the Great), and was at the time Latinized as ''Karolus'' (as in ''Vita Karoli Magni''), later also as '' Carolus''. Etymology The name's etymology is a Common Germanic noun ''*karilaz'' meaning "free man", which survives in English as churl (James (wikt:Appendix:Proto-Indo-European/ǵerh₂-">ĝer-, where the ĝ is a palatal consonant, meaning "to rub; to be old; grain." An old man has been worn away and is now grey with age. In some Slavic languages, the name ''Drago (given name), Drago'' (and variants: ''Dragom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irving Kahn
Irving Kahn (December 19, 1905 – February 24, 2015) was an American investor and philanthropist. He was the oldest living active investor.''Financial Times'':On Wall Street: Age Old Wisdom He was an early disciple of Benjamin Graham, who popularized the value investing methodology. Kahn began his career in 1928 and continued to work until his death. He was chairman of Kahn Brothers Group, Inc., the privately owned investment advisory and broker-dealer firm that he founded with his sons, Thomas and Alan, in 1978. Kahn was the oldest active money manager on Wall Street. He made his first trade—a short sale of a copper mining company—in the summer of 1929, months before the famous market crash in October of the same year. Early life and education Kahn was born on December 19, 1905, in New York City to Mamie (née Friedman) and Saul Henry Kahn. He attended the City College of New York and went on to serve as the second teaching assistant to Benjamin Graham at Columbia Bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Index Fund
An index fund (also index tracker) is a mutual fund or exchange-traded fund (ETF) designed to follow certain preset rules so that it can replicate the performance of a specified basket of underlying investments. The main advantage of index funds for investors is they do not require much time to managethe investors will not need to spend time analyzing various stocks or stock portfolios. Most investors also find it difficult to beat the performance of the S&P 500 index; indeed passively managed funds, such as index funds, consistently outperform actively managed funds. Thus investors, academicians, and authors such as Warren Buffett, John C. Bogle, Jack Brennan, Paul Samuelson, Burton Malkiel, David Swensen, Benjamin Graham, Gene Fama, William J. Bernstein, and Andrew Tobias have long been strong proponents of index funds. * * * * * * * Siegel, J.J. (2019). Climbing Mount Everest: Paul Samuelson on Financial Theory and Practice. In: Cord, R., Anderson, R., Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartered Financial Analyst
The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the US-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financial professionals. The program teaches a wide range of subjects relating to advanced investment analysis—including business analysis, statistics, probability theory, fixed income, derivatives, economics, financial analysis, corporate finance, alternative investments, portfolio management, ethics applicable to the finance industry—and provides a generalist knowledge of other areas of finance. A candidate who successfully completes the program and meets other professional requirements is awarded the "CFA charter" and becomes a "CFA charter-holder". As of December 2024, at least 200,000 people are charter-holders globally, growing 5.5% annually since 2012 (including the effects of the pandemic). Successful candidates take an average o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UCLA Anderson School Of Management
The John E. Anderson Graduate School of Management (branded as UCLA Anderson) is the graduate business school at the University of California, Los Angeles. The school offers MBA (full-time, part-time, executive), Post Graduate Program for Executives (PGPX), Financial Engineering, Business Analytics, and PhD degrees. It was named after American billionaire John E. Anderson in 1987, after he donated $15 million to the School of Management (the largest gift received from an individual by the University of California at the time). History The School of Management at UCLA was founded in 1935, and the MBA degree was authorized by the Regents of the University of California four years later. In its early years, the school was primarily an undergraduate institution, although this began to change in the 1950s after the appointment of Neil H. Jacoby as dean; the last undergraduate degree was awarded in 1969. UCLA is rare among public universities in the United States for not offering un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
