The Intelligent Investor by Benjamin Graham
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What is the The Intelligent Investor by Benjamin Graham?
Benjamin Graham's foundational text on value investing has guided generations of investors including Warren Buffett, who called it the best book about investing ever written. The revised edition includes commentary by Jason Zweig that updates Graham's principles for modern markets. Core concepts like margin of safety and Mr. Market remain as relevant today as when first published.
What are the pros?
- Foundational principles endorsed by Warren Buffett directly
- Zweig commentary updates classic concepts for modern markets
- Timeless framework applicable across any market environment
What are the cons?
- Dense writing style requires slow, attentive reading
- Some examples reference outdated companies and markets