Who
is not familiar with Benjamin Graham, he was known as the Father of
Security Analysis, a world-class economist, and investor legend and also
a professor of finance at Columbia University. He
has provided some of the best legacy for the world's biggest investor
in history, such as: Warren Buffett, Mario Gabelli, Michael Price, John
Bogle and John Neff. Warren Buffett had studied under the auspices of the professor, Benjamin Graham at Columbia University.
Buffett investment the company tried to get a job as mentor, but was rejected. Buffett also never give up and always strive relentlessly, until he finally accepted. This
is the beginning Buffett given great responsibility, from where he
never stopped to absorb, as well as grateful for what he has learned
from a Benjamin Graham. Interesting
to note that: one of the investments owned by GEICO Graham Graham
Newman, is the beginning of the acquisition of Berkshire Hathaway, which
until now is still a great investment on wheels Buffett Group.
Benjamin
Graham's life journey to the pinnacle of success in a course full of
twists and turns and obstacles, like the investors as ordinary human
beings. He had to pass a difficult step and struggled in the era of economic crisis in the United States at that time.
Biography of Benjamin GrahamBenjamin Graham was born in London in 1894, he was the son of an importer. Family immigrated to America when he was very young and then opened a business importing. The
situation turns into a nightmare when her father died shortly after
moving to America in 1907 during the economic crisis over to America at
that time. During the past times of crisis, Benjamin Graham still managed to go to college at Columbia University.When in college, he was a star pupil excelling in various fields. Although at the time he was offered a job as a lecturer after graduation, he preferred to work on Wall Street. He
did not take a long time, with his natural intelligence came when he
began doing financial research, market analysis and became a partner in a
company. Earnings jumped straight up, to more than $ 500,000 a year, a significant number of large to age 25 years.In 1926, Benjamin Graham formed an investment partnership with Broker, Jerome Newman. At the same time, he also began teaching night classes with a lecturer in finance, at Columbia University. The
financial crisis in 1929 almost made Benjamin Graham totally bankrupt,
but his effort was saved by the help of sale of the majority of personal
assets. The wife was forced to return to work as a dance teacher. Benjamin Graham immediately back on his feet, from where he has been the most valuable learning experience.A secret which he will pass on to the Investors the world through books - his book. In 1934, Benjamin Graham along with David Dodd (academic Columbia), published a book entitled Security Analysis. Although the financial crisis, the book remains a recommendation. "Success to invest in common shares is possible, as long as the principles of sound investment remain in place". They have introduced the concept of intristic value / fundamental value to buy shares at that value.
They
also co-operation continues, but this time he was more productive and
never again hurt their investors with value kesuskesan annual return of
about 17%. Benjamin
Graham managed to write a book about The Intelligent Investor in 1949,
which was also considered the "Holy Bible Investment".Beliaupun finally retired in 1956 and died in 1976. The
global economic crisis that occurred in recent years has become a
hurdle for us all, and certainly required a hard work, sacrifice and
give up to achieve a success like Benjamin Graham and other world-class
investors also future crisis at the time.
Through this brief biography, is expected to give you a glimmer of knowledge, experience and inspiration that means. How about you, did you have a mentor or role model in trading? So what are the obstacles you've faced future global crisis? then how do you pass?
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