True Value Wins in the End

“But I am convinced that Benjamin Graham was correct in suggesting that while the stock market in the short run may be a voting mechanism, in the long run it is a weighing mechanism.  True Value will win out in the end.” - Burton Malkiel                                                                                                       
Value investing, first defined by Benjamin Graham and David Dodd in their book Security Analysis, published in 1934, has a long and storied history.  Since this original introduction during the Great Depression, thousands of individual and institutional investors have accepted the ideas presented by Graham and Dodd as the “intelligent” way to invest your excess funds.

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