Benjamin Graham: How Do We Rate Security Analysts?

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Rupert Hargreaves
Published on
Updated on

How can we tell whether a recommendation to buy or sell a stock is right or wrong? That’s the question Benjamin Graham posed in an article he wrote for the Financial Analysts Journal in the first quarter of 1946.

“If a security analyst should recommend the purchase of United States Steel at 80, as a “good buy,” what criteria of the corresponding definiteness can we apply to test his wisdom,” Graham asked in his article.

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk