A two and a half page reading that discusses the three authors, Graham, Dodd and Williams and their theories, which are relevant to the models that are used in the investment world. Graham and Dodd focused on the intrinsic value and the ‘earnings power’, while the latter focused on the ‘discounting cash flows’ framework.
We might just expect a question from this small reading, because it forms the foundation of the reading materials of the CFA Institute.
I think I’m done for today and will start with reading 38 (Equity: Markets and Instruments) tomorrow. Day after, will do the last reading in the Asset Val portion.
It’s so funny that I’ve written three posts just today…and before this, I’d been so so slow. 
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