A review by andredias
The Interpretation of Financial Statements: The Classic 1937 Edition by Spencer B. Meredith, Benjamin Graham

4.0

Graham's book provides an insightful perspective on the basic principles of accounting within a business environment. In the investor lenses, "The interpretation of financial statements" gives valuable and practical lessons for those who want to perceive and understand how a company works in an accounting point of view. The content provided in the book is extremely practical and as helpful as it was in the '30s.
"if you have precise information as to a company's present financial position and its past earnings record, you are better equipped to gauge its future possibilities. And this is the essential function and value of security analysis."