The Intelligent Investor
The Intelligent Investor by Benjamin Graham is a foundational work on value investing and the discipline of making investment decisions. Graham distinguishes investing from speculation and encourages readers to examine value, price and risk rather than being carried away by market excitement. His emphasis on analysis and a margin of safety remains central to the book’s approach.
The book explores how investors can think about market fluctuations, protect against avoidable errors and maintain a longer-term perspective. Graham discusses the difference between defensive and more active approaches to investing, while stressing that investment choices should reflect a person’s circumstances and tolerance for risk. Readers may find the book particularly useful for understanding principles of valuation and disciplined decision-making.
This English-language edition is suitable for readers interested in investing, financial markets and personal finance. Graham’s framework is intended to inform careful analysis, not to guarantee returns; readers should consider current conditions and their own financial situation when applying any investment principles.
Product Details
Written by: Benjamin Graham
Format: Paperback
Language: English
Reading age: Adult readers
Publisher: HarperBusiness
ISBN-13: 9780060555665
Dimensions: Approx. 23 x 15 cm
Weight: Approx. 650 g
Delivery Time: 3-5 business days
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