Interpretation of Financial Statements of Listed Companies

Author: Benjamin Graham (USA)
Publisher:
Publish Date: 2004-01-01
Features: The purpose of this book's conception and design is to enable you to read financial statements wisely. Financial statements aim to provide an accurate quantitative description and portrayal of a company's financial condition and operating results in a concise form. Everyone dealing with a company and its securities will have the opportunity to read its balance sheet and income statement. Every merchant and investor hopes to be able to understand these company reports. Especially for securities underwriters and customer brokers, the ability to accurately analyze financial statements is even more critical. When you know the true meaning behind the numbers, you have already laid a solid foundation for making correct business and investment decisions. The Interpretation of Financial Statements was first published in 1937 and is the timeless masterpiece by the renowned investor Benjamin Graham, guiding investors in analyzing company financial reports. It has long held a leading position in the investment field. It has remained a bestseller for a long time, and for today's investors, it is like a fine vintage wine—more valuable with each reading, always fresh and insightful. This book is a revised edition based on the original, closely adhering to the original intent while fully preserving the master's language and writing style. Mike F. Price, one of the most famous investors of our time, highly praises and evaluates the enduring value investment principles covered in Benjamin's book in his recommendation and introduction.