History
In 1937 a small group of security analysts decided to turn their casual lunch gatherings into a series of regular meetings. They held an organizational luncheon in a private dining room of the New York Chamber of Commerce. It was there that NYSSA was conceived, with a membership of approximately 20 analysts, including Benjamin Graham, the “father of securities analysis.” In September of that year, the society held its first formal program, at which Lawrence Klybert of Alexander Eisemann & Co. spoke on “Options – Their Effect on the Market Price of Stocks.” By 1939, the Society had grown to 82 members. In 1945 NYSSA published the first issue of Analysts Forum, which featured the first public discussion of idea of analyst certification in its premier issue. That same year the NYSSA membership voted NYSSA votes 90–6 for establishment of the QSA rating scheme, a precursor to the CFA designation.
Famous NYSSA members include Benjamin Graham, Irving Kahn, Byron Wien, and John J. McCabe.
Read more about this topic: New York Society Of Security Analysts
Famous quotes containing the word history:
“I saw the Arab map.
It resembled a mare shuffling on,
dragging its history like saddlebags,
nearing its tomb and the pitch of hell.”
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“The reverence for the Scriptures is an element of civilization, for thus has the history of the world been preserved, and is preserved.”
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