Benjamin Graham (May 9, 1894 – September 21, 1976) was a British-born American economist, professor, and investor, widely known as the "father of value investing." His work laid the foundation for modern security analysis and investment philosophy. Graham taught at Columbia Business School for nearly three decades, where his students included Warren Buffett, who later called him the second most...
"The investor should be guided by long-term considerations and not by short-term market fluctuations."
Base all investment decisions on long-term business fundamentals, never on short-term price movements.
Read Full Analysis →"Some payment of dividend must have been made in every year for at least the past 20 years."
Demand an unbroken record of annual dividend payments spanning at least twenty years before investing.
Read Full Analysis →"Long-term debt should not exceed working capital."
Long-term debt must not exceed working capital to ensure the company can survive economic downturns.
Read Full Analysis →Benjamin Graham has 3 key principles on long-term investing. The most important one is "Long-term Perspective" — The investor should be guided by long-term considerations and not by short-term market fluctuations.
Benjamin Graham applies long-term investing through several key principles including "Long-term Perspective" and "Dividend Record". These principles guide practical investment decisions and have been tested across decades of market cycles.
Benjamin Graham's approach to long-term investing is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Benjamin Graham provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.
