In today's economic industry we all credit persons like George soros as economic geniuses because of the success and influence with investing and other financial actions. However we sometimes do not look beyond them to the original men and women whose philosophies and works written for the development of the modern financial system we certainly have today. " The education of Warren Buffet is better understood as the synthesis of two legendary statistics. " (Hagstrom 27) A very important factor that Dressoir remembers about one of his figures is the fact he always said that each day he wanted to do something foolish, something imaginative, and something good. Events that Benjamin Graham experienced through his existence led to his methodology of preventing damage which he applied in the academic teachings, partnership with Graham-Newman, and his literary works. The occurrence of different situations in his life led him to form the financial ideas that this individual taught at Columbia and that his functions are based on. Benjamin Graham was born in London and a year later relocated to New York with his family. His father was obviously a porcelain supplier so the friends and family enjoyed a descent lifestyle while having been young. When Grahams father died his family skilled financial hardship. His mother turned their house into a boarding house and began to buy shares but failed miserably due to the crash of 1907. " Dora's business efforts failed and her disastrous endeavors to improve her fortunes simply by trading in odd a lot of stock on margin made matters a whole lot worse. The small Graham spent my youth in the understanding of just how terribly investment loss can harm a family. " (Gough 129) Despite the problems and hardship he knowledgeable Graham received a scholarship or grant to attend Columbia University. This point in his life is when his intelligence and genius had been beginning to always be recognized. When justin was twenty this individual graduated second in his school, and was fluent in both Latina in Traditional. Philosophy and arithmetic were the areas he portrayed interest...

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