World Commodities and World Currency
1998
First Published
3.55
Average Rating
200
Number of Pages
This reissued investment classic by financial guru Benjamin Graham expounds on the theories presented in the authorOs previous masterpiece, Storage and Stability, offering a more global focus on the subject of stockpiling raw materials as a means of achieving expansion and stability in a postwar economy. Graham maintains that stabilization of commodities offers a comparatively simple technique by which the world could achieve the fourfold objective of foreign-exchange stability, reasonable price stability, protective stockpiles, andNmost importantlyNa balanced expansion of the worldOs output and consumption of useful goods.
Avg Rating
3.55
Number of Ratings
22
5 STARS
23%
4 STARS
32%
3 STARS
27%
2 STARS
14%
1 STARS
5%
goodreads
Author
Benjamin Graham
Author · 15 books
Benjamin Graham (May 8, 1894 – September 21, 1976) was an American economist and professional investor. Graham is considered the first proponent of value investing, an investment approach he began teaching at Columbia Business School in 1928 and subsequently refined with David Dodd through various editions of their famous book Security Analysis. Disciples of value investing include Jean-Marie Eveillard, Warren Buffett, William J. Ruane, Irving Kahn, Hani M. Anklis, and Walter J. Schloss. Buffett, who credits Graham as grounding him with a sound intellectual investment framework, described him as the second most influential person in his life after his own father. In fact, Graham had such an overwhelming influence on his students that two of them, Buffett and Kahn, named their sons, Howard Graham Buffett and Thomas Graham Kahn, after him.
