Benjamin Graham Defensive Investor Screen: How does it work?

ByClinton Holmes: About Benjamin Graham and his Criteria for the Defensive Investor

Warren Buffett, America’s most famous investor, holds himself to a high standard. That’s why he described 2012, a year in which his conglomerate Berkshire Hathaway achieved a total gain for its shareholders of $24.1 billion, as “subpar.” As Buffett pointed out, for the ninth time in 48 years, Berkshire’s book value gain (14.4%) was less than the S&P’s gain (16%). This mea culpa of sorts kicks off Buffett’s annual letter, which was released on Friday.

Warren Buffett, America’s most famous investor, holds himself to a high standard. That’s why he described 2012, a year in which his conglomerate Berkshire Hathaway achieved a total gain for its shareholders of $24.1 billion, as “subpar.” As Buffett pointed out, for the ninth time in 48 years, Berkshire’s book value gain (14.4%) was less than the S&P’s gain (16%). This mea culpa of sorts kicks off Buffett’s annual letter, which was released on Friday.

ByClinton Holmes:Last month, I wrote an article highlighting 4 Quick Picks for the Benjamin Graham Defensive Investor. The article got a lot of positive feedback from the community, so I decided to start posting a monthly selection of stocks for the Benjamin Graham defensive investor along with a review of the previous selection's performance.

By CFA Institute: By David Larrabee, CFA

By John Harris:In 1934, Professors Benjamin Graham and David Dodd of Columbia University published Security Analysis, in which they lay the foundations for an approach to equity selection known as value investing. Fifteen years later, Graham published The Intelligent Investor - often referred to as the "Bible of Value Investing."

By Ray Merola:The first edition of Security Analysis, authored by Benjamin Graham and David Dodd, was published in 1934. This review is based upon reading that original edition, now some 78 years old. Graham and Dodd are considered by many to be the fathers of value investing. This comprehensive volume (some 700 pages including the Appendix) offers the reader the nuts and bolts as to what Graham and Dodd value investing really means.

By Stockopedia:For investors keen to identify the ultimate value stocks there is no shortage of investment philosophy and advice to put to the test – and among the most famous are the models formulated by the father of Value Investing - Benjamin Graham. With an approach that emerged from the grim days of the Great Depression, Graham’s techniques have gone on to become a vital tool for value hunters.