Benjamin Graham Lost a Bundle & Found Margin of Safety (#23)

Benjamin Graham Lost a Bundle & Found Margin of Safety (#23)

Benjamin Graham never slept in an alley or huddled over a grate for warmth like these boys photographed on Manhattan’s Mulberry Street by social reformer Jacob Riis. Yet the fear of poverty shadowed Benjamin Graham’s formative years, creeping into every facet of his...
Ben Graham To Mr. Buffett: Undervalued Stock Is Beautiful (#22)

Ben Graham To Mr. Buffett: Undervalued Stock Is Beautiful (#22)

My readers know I like to toot my grandfather’s horn, so it may surprise you to learn that I’m curious about this skeptical view expressed by the late, great Charlie Munger: “A lot of Ben Graham’s rise in life was during a period when there was plenty of low-hanging...
The Curious Truth of How Graham Created Value Investing (#21)

The Curious Truth of How Graham Created Value Investing (#21)

Having charted my grandfather’s course to Wall Street, I’m driven to find out how Benjamin Graham developed value investing. What experiences sparked the creation of his famed investment strategy? Surely Ben Graham, a prolific man of letters, must have revealed...
Benjamin Graham: In Big Trouble with Money and Love (#19)

Benjamin Graham: In Big Trouble with Money and Love (#19)

This story begins with Benjamin Graham riding high. His arbitrage success with Guggenheim Exploration piqued the interest of Algernon Tassin, Ben’s former English professor at Columbia College. Tassin, a frugal bachelor, had invested his savings in what Ben calls “a...