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Lot 80
[ECONOMICS]. GRAHAM and DODD. Security Analysis... NY&L, 1934. FIRST EDITION INSCRIBED BY GRAHAM.
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Estimate
$15,000 - 20,000
Price Realized
$19,050
Sold prices are inclusive of Buyer’s Premium
Lot Description
[ECONOMICS]. GRAHAM, Benjamin (1894-1976) and David L. DODD (1895-1988). Security Analysis. Principles and Technique. New York and London: Whittlesey House, McGraw-Hill, 1934.

8vo. Half-title, a few charts and diagrams. Original blind-ruled cloth, spine gilt-lettered (a touch of wear to corners and spine ends, spine slightly faded); quarter green morocco folding case gilt.

FIRST EDITION, second printing, INSCRIBED BY BENJAMIN GRAHAM: “To Harry Wanger with best wishes of Benj. Graham Aug.1935.” Any impression of the first edition of this influential book on investing is rare; it has been continuously in print since its first publication. Prior to its publication, investors often relied on their intuition; Graham and Dodd's "value-oriented investment" became a disciplined approach to building a financial portfolio.

INSCRIBED COPIES OF THIS INFLUENTIAL WORK ARE RARE AT AUCTION: we trace only three inscribed copies in the last 30 years, including only one other copy of the work inscribed by Graham.
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