Customer Reviews


6 Reviews
5 star:
 (4)
4 star:    (0)
3 star:
 (2)
2 star:    (0)
1 star:    (0)
 
 
 
 
 
Average Customer Review
Share your thoughts with other customers
Create your own review
 
 

The most helpful favourable review
The most helpful critical review


5 of 5 people found the following review helpful
5.0 out of 5 stars This is my investing bible
Although corporate 10Q's have become more complex due to a lot of the offbalance sheet investments they do, e.g. Enron. If a company is honest and has value this book will help you find it. So the way I approach my investing I have to assume all companies are honest unless proven otherwise.
So much time is taken to explain diversification by many other books, but...
Published on March 4 2003 by Review Monster

versus
13 of 13 people found the following review helpful
3.0 out of 5 stars Why This Edition Instead of 3rd/4th Edition?
Why they republished this edition when they might have republished the Second or Third Revised Edition (by Graham and Charles McGolrick, published in 1964 and 1975, respectively) beats me. The latter two editions are unquestionably better,as both are more current, and contain more useful tips regarding contextual interpretation.
It's true that the primary value of...
Published on June 19 2003 by S. Schneider


Most Helpful First | Newest First

13 of 13 people found the following review helpful
3.0 out of 5 stars Why This Edition Instead of 3rd/4th Edition?, June 19 2003
By 
S. Schneider (Del Mar, California) - See all my reviews
(REAL NAME)   
This review is from: Interpretation Of Financial Statements (Hardcover)
Why they republished this edition when they might have republished the Second or Third Revised Edition (by Graham and Charles McGolrick, published in 1964 and 1975, respectively) beats me. The latter two editions are unquestionably better,as both are more current, and contain more useful tips regarding contextual interpretation.
It's true that the primary value of Graham's text is its framework, which provides concision in summarizing a potentially confusing topic. This framework persists through all four editions. Also, it's true that all four editions are pretty dated (there is no discussion of cash flow statement interpretation in any edition obviously, for example, although Graham alludes to the significance of cashflow interpretation somewhat disparagingly in the latter editions).
But all of Graham's guidelines for balance sheet analysis are still current in the latter two editions, as are his brief guidelines for bond analysis and earnings power. The first edition seems less useful in these respects.
One might assume that there is value in going back to the first edition of this small volume as one might go back to the first edition of Security Analysis. There are indeed nuggets in the first edition of Security Analysis which have been mysteriously removed from later editions. But that isn't true with The Interpretation of Financial Statements. If you can get your hands on a copy of the 1964 or 1975 edition of this book, you will likely find either more useful than this original edition.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


5 of 5 people found the following review helpful
5.0 out of 5 stars This is my investing bible, March 4 2003
This review is from: Interpretation Of Financial Statements (Hardcover)
Although corporate 10Q's have become more complex due to a lot of the offbalance sheet investments they do, e.g. Enron. If a company is honest and has value this book will help you find it. So the way I approach my investing I have to assume all companies are honest unless proven otherwise.
So much time is taken to explain diversification by many other books, but none gives you the practical expertise to make an informed decision. This book does. It is a handy reference that sits on my desk. I use it to review annual reports and to interpret online SEC filings just to make sure the companies I have invested in are actually healthy.
This book is small, but what I have found over the years is that smaller books are better. They leave out the fluff and all you get are the meat and potatoes of what you need to know.
If you take your time to understand the information presented and use it, you'll be teaching your broker a thing or two at the end of the day.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


3 of 3 people found the following review helpful
5.0 out of 5 stars Very Worthwhile, Aug. 9 2001
This review is from: Interpretation Of Financial Statements (Hardcover)
Like gold, this small book provides a very high value. With interest in Graham and value investing growing, this small book provides a compact reference to the various parts of a balance sheet and income statement you will become very familiar with as you read his other books.
Fantastic reference on its own. .
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


5.0 out of 5 stars How can I find the revised 2nd edition of this book,, Sept. 9 1999
By A Customer
This review is from: Interpretation Of Financial Statements (Hardcover)
I am trying to locate the 2nd edition of the book "The Interpretation of Financial Statements" 1964. I searched for it on the site, but only found the first version.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


3.0 out of 5 stars Why'd Didn't They Republish the 3rd Edition?, June 30 1999
By A Customer
This review is from: Interpretation Of Financial Statements (Hardcover)
Why they republished this edition when they might have republished the Second Revised Edition (by Graham and Charles McGolrick, originally published in 1964) beats me. The latter is unquestionably better,as it is more current, and contains more tips. Yet even the 1964 edition is pretty dated (there is no discussion of cash flow statement interpretation, for example, although Graham alludes to cashflow somewhat disparagingly in this later edition). One might argue that there is value in going back to the 1st edition of this small volume as one might go back to the 1st edition of Security Analysis. There are indeed nuggets in the 1st edition of Security Analysis which have been mysteriously removed from later editions. But that isn't true with The Interpretation of Financial Statements. If you can find a copy of the 1964 edition of this book, you will likely find it more useful than the original.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


1 of 2 people found the following review helpful
5.0 out of 5 stars Valuable, April 1 2003
By 
"mistermarket" (Jupiter, FL United States) - See all my reviews
This review is from: Interpretation Of Financial Statements (Hardcover)
For the novice or the professional - this short, concise book is worth it's price.
Ben Graham was the author of many books and the voice of sound advice, his principles are not dated even today.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


Most Helpful First | Newest First
ARRAY(0xaffc3dec)

This product

Interpretation Of Financial Statements
Interpretation Of Financial Statements by Benjamin Graham (Hardcover - April 23 1998)
CDN$ 37.00 CDN$ 23.20
In Stock
Add to cart Add to wishlist
Only search this product's reviews