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.
Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
Known as "the father of value investing" and the "Dean of Wall Street," Benjamin Graham (1894-1976) excelled at making money in the stock market for himself and his clients without taking big risks. Graham created and taught many principles of investing safely and successfully that modern investors continue to use today.
Graham's work is legendary in investment circles. He's been credited as the creator of the security analysis profession. While best known as Warren Buffett's mentor, Graham was also a famous author, most notably for his books, "Security Analysis" (1934) and "The Intelligent Investor" (1949). Graham was one of the first to solely use financial analysis to successfully invest in stocks. He was also instrumental in drafting many elements of the Securities Act of 1933, also known as the "Truth in Securities Act," which, among other things, required companies to provide financial statements certified by independent accountants. This made Graham's work of financial analysis much easier and more efficient, and in this new paradigm, he succeeded.
"Serious investors read Benjamin Graham's work to learn about finance and investments".