The Intelligent Investor

by Benjamin Graham

Published: 2/21/2003

Why read?

The Intelligent Investor is a classic guide to value investing by Benjamin Graham, known as the "father of value investing." The book offers timeless advice on how to build a successful investment strategy based on fundamental analysis and long-term thinking. Graham introduces the concept of Mr. Market, a fictional character representing the stock market's irrational behavior, and explains how investors can benefit from market fluctuations by buying undervalued stocks and selling overvalued ones. He also discusses the importance of margin of safety, diversification, and risk management in building a resilient investment portfolio. By sharing insights from his experience as an investor and teacher, Graham provides readers with a roadmap for making informed decisions and achieving financial independence.

Recommended by:

  • Warren Buffett
  • Charlie Munger
  • Howard Marks

Pages

640 pages

Language

English

ISBN

978-0060555665

ASIN

0060555661

See Also