At the 2005 Alumni Reunion, Professor Bruce Greenwald put forth a simple truth about investing: in any sale, one person is wrong. Value investing offers a framework for ending up on the right side of the sale.
“Superinvestor” Warren E. Buffett, who got an A+ from Ben Graham at Columbia in 1951, never stopped making the grade. He made his fortune using the principles of Graham and Dodd's Security Analysis. Here, in celebration of the 50th anniversary of that classic text, he tracks the records of investors who stick to the “value approach” and have gotten rich going by the book.