Looking for a gift?
 Browse Holiday Gift Guides »

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials)


Order now to get it by: Saturday December 17 - Monday December 19

Expedited Shipping available

Get it on Sunday December 11th with expedited shipping.

Select the expedited delivery option after adding this item to your cart.

Condition: New

Product ID: 286369

Delivery Information |Returns & Exchanges |Payment Methods

Description

Among the library of investment books promising no-fail strategies for riches, Benjamin Graham's classic, The
Intelligent Investor, offers no guarantees or gimmicks but overflows with the wisdom at the core of all good portfolio
management.

The hallmark of Graham's philosophy is not profit maximization but loss minimization. In this respect, The Intelligent
Investor is a book for true investors, not speculators or day traders. He provides, "in a form suitable for the laymen,
guidance in adoption and execution of an investment policy" (1). This policy is inherently for the longer term and
requires a commitment of effort. Where the speculator follows market trends, the investor uses discipline, research, and
his analytical ability to make unpopular but sound investments in bargains relative to current asset value. Graham
coaches the investor to develop a rational plan for buying stocks and bonds, and he argues that this plan must be a
bulwark against emotional behavior that will always be tempting during abrupt bull and bear markets.

Since it was first published in 1949, Graham's investment guide has sold over a million copies and has been praised by
such luminaries as Warren E. Buffet as "the best book on investing ever written." These accolades are well deserved. In
its new form--with commentary on each chapter and extensive footnotes prepared by senior Money editor, Jason Zweig--the
classic is now updated in light of changes in investment vehicles and market activities since 1972. What remains is a
better book. Graham's sage advice, analytical guides, and cautionary tales are still valid for the contemporary
investor, and Zweig's commentaries demonstrate the relevance of Graham's principles in light of 1990s and early
twenty-first century market trends. --Patrick O'Kelley

more...

Bestsellers in Economics