Intelligent Investor: The Classic Text on Value Investing - Hardcover

by Benjamin Graham (Author)

"By far the best book on investing ever written." --Warren Buffett

The definitive book on value investing, this hardcover edition feature's Benjamin Graham's original wisdom from 1949 and includes a foreword by John C. Bogle, founder of The Vanguard Group

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 Intelligent Investor, The the stock market bible ever since its original publication.

Vital and indispensable, Intelligent Investor, The is the most important book you will ever read on building a successful portfolio and reaching your financial goals.

This edition combines Graham's original text with updated commentary to provide a complete framework for investment success:

• The Margin of Safety: Learn the central concept of Graham's investment philosophy, a time-tested principle that shields investors from substantial error.
• Investment vs. Speculation: Master the critical difference between being an investor who owns a business and a speculator who bets on price--a distinction crucial for long-term wealth.
• Long-Term Portfolio Strategy: Develop the discipline to create and manage a portfolio for the long haul, ignoring market fluctuations and focusing on your financial goals.
• Investor Psychology: Discover how to control the self-destructive behaviors that prevent most investors from reaching their full potential, proving that your own character is your greatest asset.

Front Jacket

More than one million hardcovers sold
Now available for the first time in paperback!

The Classic Text 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.

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.

Back Jacket

More than one million hardcovers sold
Now available for the first time in paperback!

The Classic Text 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.

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.