Benjamin Graham (; né Grossbaum; May 9, 1894 – September 21, 1976) was an English-American financial analyst, economist, accountant, investor and professor. He is widely known as the "father of value investing", and wrote two of the discipline's founding texts: Security Analysis (1934) with David Dodd, and The Intelligent Investor (1949). His investment philosophy stressed independent thinking, emotional detachment, and careful security analysis, emphasizing the importance of distinguishing the price of a stock from the value of its underlying business.
After graduating from Columbia University at age 20, Graham started his career on Wall Street, eventually founding Graham–Newman Corp., a successful mutual fund. He also taught investing for many years at Columbia Business School, where one of his students was Warren Buffett. Graham later taught at the Anderson School of Management at the University of California, Los Angeles.
Graham laid the groundwork for value investing at mutual funds, hedge funds, diversified holding companies, and other investment vehicles. He was the driving force behind the establishment of the profession of security analysis and the Chartered Financial Analyst designation. He also advocated the creation of index funds decades before they were introduced. Throughout his career, Graham had many notable disciples who went on to earn substantial success as investors, including Irving Kahn and Warren Buffett, who described Graham as the second most influential person in his life after his own father. Among other well-known investors influenced by Graham were Charles D. Ellis, Mario Gabelli, Seth Klarman, Howard Marks, John Neff and Sir John Templeton.
Læs mere...9. maj 1894 var en onsdag under stjernetegnet for ♉. Det var 128 dag på året. Præsident for USA var Grover Cleveland Second Term.
Hvis du blev født på denne dag, er du 132 år gammel. Din sidste fødselsdag var den lørdag den 9. maj 2026, 24 dage siden. Din næste fødselsdag er søndag den 9. maj 2027, om 340 dage. Du har levet i 48.236 dage, eller omkring 1.157.665 timer, eller omkring 69.459.932 minutter eller omkring 4.167.595.920 sekunder.
Date: 10 May 1894
CHICAGO, May 9 -- In opposition to news of a ecidedly bearish character, the market for wheat showed wonderful strength to-day. On the curb yesterday afternoon the reported revolution in Argentina had the effect of advancing prices, but at the opening to-day there was an easier feeling on the failure to confirm the rumors, combined with weak and lower English cables and fine weather.
Date: 10 May 1894
Portrait
Date: 09 May 1894
Missouri; Sanders Branch; Pacific Railroad Train Seized at Pueblo
Date: 10 May 1894
Due to Election Frauds; Decisions
Date: 09 May 1894
Sugar comprised practically the whole of yesterday's stock market. There was desultory trading in other stocks, but it was insignificant compared with the movement in the leading industrial.
Date: 10 May 1894
Fishing Laws; American Vessels (Two) and Anglers Seized for Violating
Date: 09 May 1894
Souriach Lugloch Cave Tourists Lost; Rescue
Date: 09 May 1894
Portrait