GAFM GLOBAL ACADEMY OF FINANCE AND MANAGEMENT  ®

Chapter 14: Stock Selection for the Defensive Investor  

1.  Stock Selection Criteria: Graham provides specific criteria for defensive investors to consider when selecting stocks, including financial stability, dividend history, and a reasonable price-earnings ratio.

2.  Diversification: Diversifying across multiple stocks and industries is essential for risk reduction.

Chapter 15: Stock Selection for the Enterprising Investor  

1.  Quantitative Analysis: Graham introduces quantitative analysis tools, such as the Graham Number, to help enterprising investors identify undervalued stocks.

2.  Qualitative Factors: Qualitative analysis, including assessing a company's competitive position and management quality, should complement quantitative analysis.

Chapter 16: Convertible Issues and Warrants  

1.  Convertible Securities: Graham explains the features of convertible bonds and preferred stocks and how they can be attractive investments.