Thursday, October 30, 2008

The Superinvestors of Graham-and-Doddsville

The article is based on a speech that Warren Buffett gave at Columbia Business School on May 17, 1984 at a seminar marking the 50th anniversary of the publication of Benjamin Graham and David Dodd's Security Analysis.

Reprinted [1.624 kB PDF-File] from Hermes, the Columbia Business School Magazine.

by Warren E. Buffett

Part 1: Walter J. Schloss
Part 2: Tom Knapp & Ed Anderson
Part 3: Warren Buffett
Part 4: Bill Ruane
Part 5: Charles Munger
Part 6: Rick Guerin
Part 7: Stan Perlmeter
Part 8: Value-Oriented Fund Managers
Part 9: Conclusion

After re-reading the article, I'm strongly convinced that EHM is crap! And so is Beta, CAPM and MPT <-- which sounds like "Empty". Going forward, it'll be a huge challenge for me to study CFA, which these academicians are preaching these stuff.

I, of course, prefer to read about Warren Buffett, Value Investing, Valuation of companies. :-)

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