J. V. Bruni and Company
1528 North Tejon Street
Colorado Springs, Colorado 80907
(719) 575-9880 or (800) 748-3409
J. V. Bruni and Company1528 North Tejon Street Colorado Springs, Colorado 80907 (719) 575-9880 or (800) 748-3409
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The Interpretation of Financial Statements,
by Benjamin Graham. 
It was Albert Einstein who said, “Everything should be made as simple as
possible, but not more so.” In the spirit of Einstein’s
admonition, this short book, originally written by Graham in 1937 and last revised in 1974, was designed to function
both as a succinct, stand-alone elementary work and as a complement to
Security Analysis, the pioneering scientific treatise of modern
investment analysis. For those who are not already schooled in
financial statement understanding and analysis, this book is a great
place to start. Graham explains the nature of balance sheets and income
statements, and he covers the various categories of corporate assets and
liabilities. He also explains financial ratios, depreciation and
inventory valuation, and earnings calculations, among other essential
topics. In the final analysis, it’s impossible to make much headway in
any discipline without comprehending the language of that discipline—and the language of investing is financial statements. Einstein would
have enjoyed this succinct and helpful book. |
“This reissue of the classic 1937 edition ... is right on time.... [The] basic study of financial statements by the average investor is more important than ever.” Michael F. Price |