Think Like Graham; Invest Like Buffet

Paper Summary:

The paper examines the work "How to Think Like Benjamin Graham and Invest Like Warren Buffet" and explains Cunningham's arguments and positions. The paper notes some shortcomings in this book, but is of the opinion that this book is an excellent introduction to the investment theories that defined the careers of Warren Buffett and Benjamin Graham. The paper adds that academic or more knowledgeable readers may find Cunningham's support for his arguments a bit wanting.

From the Paper:

"Lawrence's Cunningham's treatise on investing was, to be frank, a bit unexpected. How to Think Like Benjamin Graham and Invest Like Warren Buffett is an extension of the theoretical (and practical) work on investing and economics that both Benjamin Graham and Warren Buffett engaged in. Cunningham, quite correctly, considers himself a student of these two men and works in this book to extend their theories and positions on market economies and investing to the modern investor."

Sample of Sources Used:

• Cunningham, Lawrence A. How to Think Like Benjamin Graham and Invest Like Warren Buffet. McGraw-Hill, 2002.

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