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4 of 4 people found the following review helpful
4.0 out of 5 stars simple and easy to understand
This book is very much for beginners and explains everything that you need to analyse a financial statement in very simple terms. It is a very good buy for novices though a bit expensive for such a small book. The other excellent book is the intelligent investor and security analysis. Be warned that the security analysis is very heavy reading!!!! I throughly recommend...
Published on 30 Oct 2006 by Mr. M. Shanker

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21 of 24 people found the following review helpful
3.0 out of 5 stars Why'd Didn't They Republish the 3rd Edition?
Why they republished this edition when they might have republished the Second Revised Edition (by Graham and Charles McGolrick, originally published in 1964) beats me. The latter is unquestionably better,as it is more current, and contains more tips. Yet even the 1964 edition is pretty dated (there is no discussion of cash flow statement interpretation, for example,...
Published on 30 Jun 1999


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4 of 4 people found the following review helpful
4.0 out of 5 stars simple and easy to understand, 30 Oct 2006
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This review is from: The Interpretation of Financial Statements (Hardcover)
This book is very much for beginners and explains everything that you need to analyse a financial statement in very simple terms. It is a very good buy for novices though a bit expensive for such a small book. The other excellent book is the intelligent investor and security analysis. Be warned that the security analysis is very heavy reading!!!! I throughly recommend this book for people to understand how to interpret a finacial statement- it does what it says on the cover as such.
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21 of 24 people found the following review helpful
3.0 out of 5 stars Why'd Didn't They Republish the 3rd Edition?, 30 Jun 1999
By A Customer
This review is from: The Interpretation of Financial Statements (Hardcover)
Why they republished this edition when they might have republished the Second Revised Edition (by Graham and Charles McGolrick, originally published in 1964) beats me. The latter is unquestionably better,as it is more current, and contains more tips. Yet even the 1964 edition is pretty dated (there is no discussion of cash flow statement interpretation, for example, although Graham alludes to cashflow somewhat disparagingly in this later edition). One might argue that there is value in going back to the 1st edition of this small volume as one might go back to the 1st edition of Security Analysis. There are indeed nuggets in the 1st edition of Security Analysis which have been mysteriously removed from later editions. But that isn't true with The Interpretation of Financial Statements. If you can find a copy of the 1964 edition of this book, you will likely find it more useful than the original.
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1 of 2 people found the following review helpful
5.0 out of 5 stars Simple but Good, 15 Nov 2009
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Mariusz Skonieczny "Author" (classicvalueinvestors com) - See all my reviews
(REAL NAME)   
This review is from: The Interpretation of Financial Statements (Hardcover)
This is a very short book on how to analyze financial statements. It is written in simple English that most people can understand. Because it was written in the `30s, it should not be the only book that investors read on financial statements, but it should definitely be one of many. Warren Buffett learned a lot from Benjamin Graham and so can you.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
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0 of 1 people found the following review helpful
3.0 out of 5 stars Rather outdated..., 7 July 2003
By 
Bas Röling (Haarlem, The Netherlands) - See all my reviews
I read this book because I'm interested in Graham's value investing approach. However, this approach is not discussed in this book. A brief and very basic introduction to financial statements is given, but, as this book is from 1964 (and the first print even older), this overview is rather outdated. Rules and regulations have changed and the environment too (in the book railroad companies are often used as example). Read the other books of Graham if you want to know more about value investing, but to study financial statements I would recommend picking an other book.
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The Interpretation of Financial Statements
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