Monday, March 30, 2009

Security Analysis

A few weeks ago I was shocked to find out that Amazon had a download of the audio book Security Analysis for 99 cents. It is abridged, very abridged at just over an hour long. (I believe it is just the book's introduction and first chapter.) However for the price you can't go wrong.

The first 30 minutes are basically an intro. That introduction itself is worth the price because of its view of the crash of 1929 from as soon after as 1934. That will put the current financial turmoil in proper perspective. Listening to that might conjure up the phrase "This has all happened before, and it will all happen again."

I recommend getting it if you have an mp3 player and use it to decide if you want to buy the book, or even getting the limited leatherbound edition with foreword by Warren Buffet. If you consider yourself a serious investor, or even a serious speculator, you should read this book or at least listen to the 99 cent introduction.
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