Benjamin Graham, the father of value investing, taught an investment class at the Columbia University business school for 28 years. Students in Graham’s classes were taught from the textbook, “Security Analysis,” written by Benjamin Graham and David Dodd. Several of Mr. Graham’s students became top-notch investors, including the Oracle of Omaha, Warren Buffett. Mr. Buffett not only studied under Ben Graham, but later worked for Graham as an apprentice. In 1984, Buffett returned to Columbia to give a speech commemorating the 50th anniversary of the publication of “Security Analysis.” During his speech, Buffett presented his own investment performance record...
