The Intelligent Investor by Graham and Peter Bernstein's Four Pillars of Investment Wisdom by Graham

I think when I came into this industry in 1951, it was a much better industry than it was thereafter. The big part of that change was in the Gogo era. We went from investment committees, prudent investment committees, buying blue chip stocks to portfolio managers,. Comets and not stars, comets that burn out and their ashes drift gently down to earth. And that's happened to so many so many comment managers.