The Graham & Dodd Framework: Security Analysis

This program provides a technical breakdown of the principles found in the seminal text Security Analysis. It focuses on the quantitative and qualitative appraisal of securities to determine intrinsic value independent of market price. Students examine the techniques for analyzing bonds, preferred stocks, and common equity, while learning to differentiate between legitimate investment and speculation. The curriculum emphasizes a disciplined review of financial statements to identify disparities between a firm's market price and its underlying assets and earnings power.