The Intelligent Investor: The Definitive Book on Value Investing
$11.83
| Author(s) | |
|---|---|
| Product Type |
Ebook |
| Format |
|
| Skill Level |
Beginner to Intermediate |
| Pages |
637 |
| Publication Year |
2003 |
| Delivery |
Instant Download |
The Intelligent Investor by Benjamin Graham remains the timeless cornerstone of value investing and financial wisdom. First published in 1949 and continually updated, this classic provides investors with the principles and discipline required to build lasting wealth through logic, patience, and risk management. Graham, known as the father of value investing and mentor to Warren Buffett, lays out a rational framework for evaluating businesses, understanding market behavior, and maintaining emotional control amid volatility.
This definitive edition explains how to protect oneself from market swings and how to distinguish between investment and speculation. Graham’s insights into margin of safety, Mr. Market psychology, and intrinsic value have shaped generations of investors, professional fund managers, and financial thinkers. The book not only teaches how to analyze stocks and bonds but also how to cultivate the investor mindset — combining analytical rigor with humility and self-discipline.
Through case studies, historical comparisons, and practical portfolio strategies, The Intelligent Investor guides readers to make informed, long-term decisions rather than emotional, short-term trades. Whether you’re a beginner learning investment fundamentals or an experienced analyst refining your valuation process, this book provides a lifetime foundation for intelligent investing.
✅ What You’ll Learn:
- How to distinguish investment from speculation.
- Core principles of value investing and intrinsic value analysis.
- The concept of margin of safety and how to apply it to portfolios.
- Understanding Mr. Market and the psychology of price fluctuations.
- How to structure a defensive versus enterprising investment portfolio.
- The role of dividends, earnings stability, and asset values in stock selection.
- How to protect capital while achieving sustainable returns.
- Long-term wealth-building through disciplined, rational investing.
💡 Key Benefits:
- Timeless framework for rational investing in any market condition.
- Builds emotional discipline and long-term perspective.
- Provides actionable portfolio strategies backed by decades of data.
- Serves as a foundation for both personal and professional investors.
- Endorsed by Warren Buffett as “by far the best book on investing ever written.”
👤 Who This Book Is For:
Ideal for investors at all levels — from individuals managing personal portfolios to professional analysts and students of finance. Especially suited for those who value long-term, data-driven strategies over speculation and wish to master the psychology and logic of true investing.
📚 Table of Contents:
- Investment versus Speculation: Results to Be Expected by the Intelligent Investor
- The Investor and Inflation
- A Century of Stock-Market History: The Level of Stock Prices in Early 1972
- General Portfolio Policy: The Defensive Investor
- The Defensive Investor and Common Stocks
- Portfolio Policy for the Enterprising Investor: Negative Approach
- Portfolio Policy for the Enterprising Investor: The Positive Side
- The Investor and Market Fluctuations
- Investing in Investment Funds
- The Investor and His Advisers
- Security Analysis for the Lay Investor: General Approach
- Things to Consider About Per-Share Earnings
- A Comparison of Four Listed Companies
- Stock Selection for the Defensive Investor
- Stock Selection for the Enterprising Investor
- Convertible Issues and Warrants
- Four Extremely Instructive Case Histories
- A Comparison of Eight Pairs of Companies
- Shareholders and Managements: Dividend Policy
- “Margin of Safety” as the Central Concept of Investment
The Intelligent Investor By Benjamin Graham
8 reviews for The Intelligent Investor: The Definitive Book on Value Investing
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Kenzie Doyle (verified owner) –
If you’re looking to make money in stocks, then maybe an old book on that topic may do the trick, yet likely it will not. If you would like a lesson on historical stock prices and how things were done many decades ago, then this book will inform you of just that. Use it as a primer but not as an infallible bible to riches. It doesn’t work that way anymore. (Well, it hasn’t made me rich yet).
Miles McKinney (verified owner) –
Graham puts thing simply with good examples from the past. Though his examples are outdated, the principles remain the same. The commentary chapters try to show more modern examples that are more relevant to the modern investor and usually hit the mark. I am sincerely glad that I read this book.
Valeria Woods (verified owner) –
Stuffy, antiquated and waaaaay to long. I’m sure this book was the holy Grail in the 1950’s but… I’m a nope
Gwendolyn Lozano (verified owner) –
A very interesting book, its full of learning guides the Godly way. Highly recommended
Kashton Chen (verified owner) –
No one ever claimed with much success that investing in the stock market was a sure thing. This book will definitely make you a more intelligent investor than if you never read it. You can learn a lot from other people positive and negative experiences. In this book, there are lessons learned that will benefit you and improve your chances of becoming a profitable intelligent investor.
Zion Taylor (verified owner) –
It may take you as long to read it. And while I have not read this book from front to back, I have ensured that I have spent time understanding what is in it. And for those of us who truly believe our calling is to work in some aspect of securities, then laying this book down as a foundation of study should be a priority.
This book is academic and lengthy. It is a study of a man’s work in value investing over the course of a lifetime. And if you read it and study it at length, its power may become yours.
Kamilah Collins (verified owner) –
It’s a good read, educational
Sofia Chan (verified owner) –
As old as the book is, it is still relevant to today’s investors, narration can be tedious.