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Cover of The Intelligent Investor by Benjamin Graham

The Intelligent Investor

  • 360 pages · about 6 hours
  • First published 1949
  • 54 editions

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1 About this book

This classic text is annotated to update Graham's timeless wisdom for today's market conditions...

The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949.

Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.

  • History
  • Securities
  • Investments
  • Investing
  • Finance
  • Personal Finance
  • Business
  • Painting

2 What to expect

The founding book of value investing: buy with a margin of safety and ignore the market's moods. Long and technical in places; most readers use an edition with modern commentary.

Good for readers who want: investing, and a finance classic.

3 About Benjamin Graham

1894–1976

Benjamin Graham (; né Grossbaum; May 9, 1894 – September 21, 1976) was an English-American financial analyst, economist, accountant, investor and professor. He is widely known as the "father of value investing", and wrote two of the discipline's founding texts: Security Analysis (1934) with David Dodd, and The Intelligent Investor (1949).

Bio adapted from Wikipedia (CC BY-SA 4.0)

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