An updated approach to classic security analysis The principles of value investing outlined by Graham and Dodd in the 1940s continues to be used today by individuals and companies who face challenging investment decisions. A Modern Approach to Graham and Dodd Investing examines the classic Graham and Dodd approach to valuation and updates it for the twenty-first century. Thomas Au, a credentialed analyst with a leading insurance company and an ex-Value Line analyst, reworks the basics of value investing from net present value, financial statement analysis, and return on capital to return and leverage, asset allocation, and diversification. Through case studies and real-time analysis, A Modern Approach to Graham and Dodd Investing presents readers with examples that will make analysis and portfolio theory more relevant and powerful.

Thomas P. Au (Hartford, CT) is a Vice President and Portfolio Manager for the investment arm of a large insurance and healthcare provider. His specialty is emerging and international markets. He received his BA, cum laude, with a double major in economics and history, from Yale University, and an MBA in finance from New York University.

经典证券分析的最新方法——格雷厄姆和多德在20世纪40年代提出的价值投资原则——今天继续被面临具有挑战性的投资决策的个人和公司所采用。格雷厄姆和多德投资的现代方法研究了经典的格雷厄姆和多德估值方法，并为21世纪进行了更新。Thomas Au是一家领先保险公司的认证分析师，也是一位前价值线分析师，他将价值投资的基础知识从净现值、财务报表分析、资本回报率、回报率和杠杆率、资产配置和多元化等方面进行了重写。通过案例研究和实时分析，格雷厄姆和多德投资的现代方法为读者提供了一些例子，这些例子将使分析和投资组合理论更加相关和强大。
托马斯P。Au（Hartford，CT）是一家大型保险和医疗保健提供商投资部门的副总裁和投资组合经理。他的专长是新兴市场和国际市场。他获得了学士学位、优等生、经济学和历史双学士学位、耶鲁大学和纽约大学的金融学工商管理硕士学位。