The Intelligent Investor Rev Ed.

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Summary

A highly regarded book on value investing by Benjamin Graham, updated with commentary by Jason Zweig. Emphasizes long-term investment, protection against errors, and enduring strategies over speculation.

Description

The Classic Text Annotated to Update Graham's Timeless Wisdom for Today's Market Conditions The greatest investment advisor of the 20th 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 listeners a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever listen on how to reach your financial goals. Read more

Level

Widely considered a classic, but can be challenging for beginners, dense language, requires dedicated effort, revised edition aims for more accessibility.

Core Concepts

• Value investing

• "Mr. Market"

• margin of safety

• defensive vs. enterprising investor

• investing vs. speculation

• financial statement analysis.

Skills You'll Develop

Critical thinking, financial literacy, long-term perspective, emotional control, research and analysis skills.

Relevance to Finance Areas

• Investment management

• financial analysis

• portfolio management

• personal finance.

Real-World Application

Principles successfully implemented by renowned investors, provides a robust framework for sound investment decisions, updated commentary enhances practical utility.