Reflection
Benjamin Graham and his son Buz embarked on what was meant to be a bonding ski trip—and instead faced some of the loneliest moments of their lives. The Spill Sixteen-year-old Buz Graham had already endured the tough blow of parental separation. Ben no longer...
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Warren Buffett’s Thanksgiving message—announcing that he’s stepping down from the helm of Berkshire Hathaway and “going quiet”—casts new light on the depth of his bond with Benjamin Graham. It reminds us that Buffett not only mastered Graham’s principles of value...
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Benjamin Graham was in serious trouble. By mid-1932, the Dow had plummeted eighty-nine percent from its 1929 peak. Graham had lost seventy percent of both his personal wealth and the value of the assets in the Benjamin Graham Joint Account. Yet compared to the fiscal...
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In 1932, Benjamin Graham faced a devastating financial reckoning. The aftermath of the 1929 stock market crash had wiped out seventy percent of both his personal fortune and the assets held in the Benjamin Graham Joint Account. The loss wasn’t just his own—it carried...
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In a cruel twist of timing, my grandfather Benjamin Graham moved into the grandest residence of his life just before the stock market crash of October 1929. He had no inkling that his opulent duplex—spanning two sumptuous upper floors of the newly completed Beresford...