Fine Books and Manuscripts, Including Americana
Fine Books and Manuscripts, Including Americana
Lot Closed
January 25, 09:19 PM GMT
Estimate
10,000 - 15,000 USD
Lot Details
Description
Graham, Benjamin
The Intelligent Investor: A Book of practical Counsel. New York: Harper & Brothers, 1949
8vo. Code D-Y on the copyright page, chart at end; very minor toning. Publisher's navy cloth, spine gilt-lettered, signed by Graham on the front free endpaper; minor rubbing to extremities, minor soiling. Original maroon and white jacket, with $3.50 price and "Editor of Barron's" on front flap; chips and closed tears.
First edition, first printing, signed by the author
Since its initial publication, The Intelligent Investor has remained one of the most popular texts on the subject, with Warren E. Buffet deeming it "the best book on investing ever written."
Graham is now regarded as the father of value investing, with Prof. Ronald Moy, noting: “The influence of Graham's methodology is indisputable. His disciples represent a virtual who's who of value investors, including Warren Buffett, Bill Ruane, and Walter Schloss”. Buffett is perhaps Graham’s best-known follower. A number of Graham’s strategies or theories outlined in the present work still remain relevant today.
Both first printings and signed copies are scarce on the market