Security Analysis
Security Analysis by Benjamin Graham and David Doddby Benjamin Graham and David Dodd
Shares rank 3 of 6 investing books by recommenders
Recommended for teaching a framework for reasoning about companies and changing how readers think about investing. Critics say some of its methods are arcane.
Recommended for teaching a framework for reasoning about companies and changing how readers think about investing. Critics say some of its methods are arcane.
4 people gave an opinion
- recommend it
- 3
- criticize it
- 1
- approval share
- 75%
Recommended in 1 of 13 months
- November 2025: recommended
- December 2025: not recommended
- January 2026: not recommended
- February 2026: not recommended
- March 2026: not recommended
- April 2026: not recommended
- May 2026: not recommended
- June 2026: not recommended
- July 2026: not recommended
- August 2026: not recommended
- September 2026: not recommended
- October 2026: not recommended
- November 2026: not recommended (month in progress)
Why it doesn’t carry the badge
- 3 people recommend itNeeds 10 or more, not met.
- 3 recommenders for every criticNeeds 2 to 1 or better, met.
- Recommended in 1 of 13 monthsNeeds 4 or more, not met.
The same three rules apply to every product, and the badge can’t be bought. How the badge works
What people say about it
The reasons people give, with the number of comments that give each one. Open a reason to read what they said.
Why people recommend it
Each mark is one comment
Teaches a framework for reasoning about companies
“Any of these books are a good antidote to that because they teach a framework to reason about companies.”
Comment from 10 Nov 2025 in “Bull markets make you feel smarter than you are” Rewired readers' thinking
“These books rewired my thinking”
Comment from 17 Nov 2025 in “The one-click stock analysis report website is finally ready” Read slowly for curiosity alongside index funds
“I myself put almost all my savings in index funds and slowly read/study these just for curiosity”
Comment from 10 Nov 2025 in “Bull markets make you feel smarter than you are”
What people warn about
Each mark is one comment
Some methods described as arcane
“Most of these methods are arcane.”
Comment from 9 Nov 2025 in “Bull markets make you feel smarter than you are” Elaborate techniques no longer endorsed
“I am no longer an advocate of elaborate techniques of security analysis”
Comment from 9 Nov 2025 in “Bull markets make you feel smarter than you are”
Other investing books people recommend
The four most recommended other investing books, with the same counts for each, so you can compare like for like. The tick on each bar marks the 2 to 1 line the badge needs.
| Product | Recommend | Criticize | Approval | Months | Owned | Badge |
|---|---|---|---|---|---|---|
| Reminiscences of a Stock Operatorby Edwin Lefèvre | 7 | 0 | 100% | 3 | — | — |
| The Intelligent Investorby Benjamin Graham | 4 | 1 | 80% | 3 | — | — |
| Security Analysisby Benjamin Graham and David DoddThis page | 3 | 1 | 75% | 1 | — | — |
| A Random Walk Down Wall Streetby Burton Malkiel | 3 | 0 | 100% | 3 | — | — |
| The Little Book of Common Sense Investingby John Bogle | 2 | 0 | 100% | 3 | — | — |
What people said
5 of the 6 comments that mention it, newest first. Each links to the original comment.
“These books rewired my thinking”
“I myself put almost all my savings in index funds and slowly read/study these just for curiosity”
“Any of these books are a good antidote to that because they teach a framework to reason about companies.”
“Most of these methods are arcane.”
“I am no longer an advocate of elaborate techniques of security analysis”
Counts come from 1,795,640 Hacker News comments, November 2025 to November 2026. How we count. Report a mistake.