Subject:
David Dodd David LeFevre Dodd (August 23, 1895 – September 18, 1988) was an American educator, financial analyst, author, economist, professional investor, and in his student years, a protégé of, and as a postgraduate, close colleague of Benjamin Graham at Columbia Business School. He attended the University of Pennsylvania. [Wikipedia]
Post Modern Security Analysis
By John Schroy, on September 12th, 2009 |

The Crash of 2008 suggests that understanding the operational details of capital markets can be as important as traditional Graham & Dodd security analysis.
This article, Part Nine in the series on Post Modern Security Analysis, discusses Capital Market Taxonomy as applied to market operations and the use of a semantic wiki in collaborative research.
Post Modern Security Analysis
By John Schroy, on September 9th, 2009 |

In security analysis, it is important to get the facts, before forming an opinion. Effective collaborative research calls for rigorous separation of the fact-gathering from the decision-making stages of the process. This article shows how fact-gathering of open-source information on the Internet could have saved investors from the Madoff calamity.
This is Part Eight in a series on Post Modern Security Analysis.
Post Modern Security Analysis
By John Schroy, on August 6th, 2009 |

The target of classical security analysis is ‘intrinsic value’, a fuzzy concept defined as the value justified by the facts.
Financial markets have become vastly more complex since the days of Graham & Dodd.
Since the 1960’s, stock prices have generally exceeded ‘intrinsic value’. New techniques are needed now to handle the flood of free investment information.
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