16 Facts About Benjamin Graham

1.

Benjamin Graham was a British-born American economist, professor and investor.

2.

Benjamin Graham is widely known as the "father of value investing", and wrote two of the founding texts in neoclassical investing: Security Analysis with David Dodd, and The Intelligent Investor.

3.

Benjamin Graham moved to New York City with his family when he was one year old.

4.

Benjamin Graham became a good student, graduating as salutatorian of his class at Columbia.

5.

Benjamin Graham declined an offer to teach English, mathematics, and philosophy, choosing instead to take a job on Wall Street, where he eventually started his Graham-Newman Partnership.

6.

Early on, Graham made a name for himself with "The Northern Pipeline Affair", an early case of shareholder activism involving John D Rockefeller.

7.

Benjamin Graham wrote that the owner of equity stocks should regard them first and foremost as conferring part ownership of a business.

8.

Benjamin Graham recommended that investors spend time and effort to analyze the financial state of companies.

9.

Benjamin Graham wrote that investment is most intelligent when it is most businesslike.

10.

Benjamin Graham was critical of the corporations of his day for obfuscated and irregular financial reporting that made it difficult for investors to discern the true state of the business's finances.

11.

Benjamin Graham was an advocate of dividend payments to shareholders rather than businesses keeping all of their profits as retained earnings.

12.

Benjamin Graham criticized those who advised that some types of stocks were a good buy at any price, because of the prospect of sustained stock price growth, without a good analysis of the business's actual financial condition.

13.

On September 21,1976, Benjamin Graham died in Aix-en-Provence, France, at the age of 82.

14.

Benjamin Graham's contributions spanned numerous fields, one of which was fundamental value investing.

15.

Benjamin Graham is considered the "father of value investing," and his two books, Security Analysis and The Intelligent Investor, defined his investment philosophy, especially what it means to be a value investor.

16.

Alongside his work in investment finance, Benjamin Graham made contributions to economic theory.