Who is it? | Economist, Investor |
Birth Day | May 09, 1894 |
Birth Place | London, United Kingdom, United States |
Age | 125 YEARS OLD |
Died On | September 21, 1976(1976-09-21) (aged 82)\nAix-en-Provence, France |
Birth Sign | Gemini |
Institution | Columbia University University of California, Los Angeles |
Alma mater | Columbia University |
Contributions | Security Analysis (1934) The Intelligent Investor (1949) Benjamin Graham formula |
Benjamin Graham, a renowned economist and investor in the United States, is estimated to have a net worth of $20 million as of 2024. His extensive knowledge and expertise in the field of finance have earned him this substantial wealth. Throughout his career, Graham has made significant contributions to the investment industry, particularly through his value investing philosophy. Known as the "father of value investing," his teachings and strategies have influenced countless investors worldwide. Despite his passing in 1976, Graham's legacy lives on as his works continue to guide and inspire future generations of investors.
Graham is considered the "father of value investing," and his two books, Security Analysis (1934) with David Dodd, and The Intelligent Investor (1949) defined his investment philosophy, and especially what it means to be a value investor. His ideals regarding investor psychology, minimal debt, buy-and-hold investing, fundamental analysis, concentrated diversification, buying within the margin of safety, Activist investing, and contrarian mindsets went on to be utilized by those influenced by him. Arguably, his most famous student was Warren Buffett, who as of January 2018, was the third wealthiest person in the world. According to Buffett, Graham used to say that he wished every day to do something foolish, something creative, and something generous. And Buffett noted, Graham excelled most at the last.
On September 21, 1976, Graham died in Aix-en-Provence, France, at the age of 82.