The Interpretation of Financial Statements

Book Name : The Interpretation of Financial Statements
Author : Benjamin Graham

What is it about : An all-time classic which anyone remotely interested, involved or employed in the financial, business and accounting industries must have a thorough read. The book was written by Warren Buffet's mentor in a clear, concise and precise manner that left no stones unturned in this immensely interesting and complicated topic. In the end, the reader will have a good idea in un-raveling the ABCs of a typical financial statement.

Some thoughts after having read the book : Surprisingly readable, lucid, interesting and packed solid with explanations. Having seen the ups and downs of the stock markets and booms and busts of seemingly hopeless and meteoric companies, of the past three to four decades, the book oozes class and is still extremely relevant in the modern e-commerce days.

Would I recommend this book to you : If you enjoy reading company annual reports as a form of post-dinner relaxation or as a hobby like Warren Buffet, this book is a "must" as the book details all those technical jargons and what they really mean to your bottom line. However, this is really a sit-down-and-work-it book and so I would not be seen with it on a beach.

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