Benjamin Graham vs. Karl Marx
Side-by-side comparison of two thinkers
Benjamin Graham
1894 – 1976
Benjamin Graham was an English-American financial analyst, economist, accountant, investor and professor. He is widely known as the "father of value investing", and wrote two of the discipline's founding texts: Security Analysis (1934) with David Dodd, and The Intelligent Investor (1949). His investment philosophy stressed independent thinking, emotional detachment, and careful security analysis, emphasizing the importance of distinguishing the price of a stock from the value of its underlying business.
"If General Motors is worth $60 a share to an investor it must be because the full common-stock ownership of this gigantic enterprise as a whole is worth 43 mill…"
Karl Marx
1867 – 1894
Karl Marx was a German philosopher, social and political theorist, economist, journalist, and revolutionary socialist. He is best-known for the 1848 pamphlet The Communist Manifesto, and his three-volume Das Kapital (1867–1894), a critique of classical political economy which employs his theory of historical materialism in an analysis of capitalism, in the culmination of his life's work. Marx's ideas and their subsequent development, collectively known as Marxism, have had enormous influence.
"In a higher phase of communist society, after the enslaving subordination of the individual to the division of labor, and therewith also the antithesis between …"
Connections
Both wrote about: