Everybody loves a bargain, but some bargains seem too good to be true. How can we figure out which bargains are for real, and which ones are not? I rely on time-tested analysis to improve my odds: Analysis that relies more on a company’s history, than on unreliable predictions of future operation. I also look at the background and success of the person who devised the analysis. There is no better analyst to turn to than Benjamin Graham, the father of value investing and the creator of the stock analyst profession. Mr. Graham created several investing methodologies, which are...