Background and Challenges:
In 1894, Benjamin Graham was born in London, England as Benjamin Grossbaum. His family moved to New York City when Benjamin was one. He grew up in poverty living in New York, but he used this experience to propel him to become a great student and lifelong learner. Benjamin’s hard work and study habits helped him win a scholarship to the prestigious Columbia University in New York City. It was also around this time that Benjamin Grossbaum changed his name to Benjamin Graham so that he would fit with the Wall Street community in which he would eventually dominate.