The Intelligent Investor has ratings and reviews. Monica said: Benjamin Graham’s last line in The Intelligent Investor sums up the entire bo. Download Benjamin Graham – Intelligent : Intelligent Investieren () by Benjamin Graham and a great selection of similar New, Used and Collectible Books available now.
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I kinda disagree with Thomas.
The book covers some history, a lot of investing fundamentals, and quite a bit of applied theory as well as investor psychology. If principle based investing has proven so successful provided your principles investiereen sound of course then imagine what can be accomplished in the overall success of ones life if you live by a firm set of principles and core values.
His “Margin of Safety” criteria is also in Widely recommended as one of the best books on investing around, this classic did not disappoint. While I personally think that our economy is going to be less stable in the next couple decades than it has been in This was the bible on investing back when it was published and not too much has changed.
First, they are disciplined and consistent, refusing to change their approach even when its unfashionable. Pi rated it really liked it.
Most so-called investors including a large proportion of professional fund managers are, on closer inspection, speculators who invest with little knowledge of fundamental value and a slim-to-negative margin of safety. As Benjamin puts it in the introduction: And the corollary to that law of financial history is that the markets will most brutally surprise the very people who are most certain that their views about the future are right.
This is a must read for anyone looking to manage their own money on any level.
Prices sometimes reflect the present, and sometimes reflect the future; because you can’t tell which, it’s hard to determine if stocks are fairly priced. I really grham to throw this stupid book away and burn all the books that this author wrote. Of course, the book encourages investing for the long t The central Idea that I got from this book is that an Index Stock Fund outperforms other equity funds on a historical basis. Hope always springs eternal.
Trivia About The Intelligent I Ignore the daily ups and downs of the market. Many, perhaps most, investors seek to place themselves in such an intermediate category; in our opinion that is a compromise that is more likely to produce disappointment than achievement. This happens for two reasons: Funny that the wisdom here is framed in investing language but, it’s applicability investisren into just about every part of our lives if we’ll open up to it.
Do solid fundamental, qualitative analysis rather than looking at charts. Market as a determining factor in the value of the shares the investor owns. Finally, I want to thank B. There is little doubt that this book is just rubbish. I found the results were very good for 50 years. The thing that I have been emphasizing in my own work for the last few years has been the group approach.
It teaches you some basics about the behavior of the market and it teaches you to be infestieren careful. Hey, remember in the 80s when Apple seemed all but dead? Most of it is about how to analyze the actual long-term value of a stock, which means diving deep into company financial statements. Jan 23, Kenyon Harbison rated it it was amazing. Can anyone tell me the books, I should read first in order to go through The Intelligent Investor. If you go in trying to get rich quick, you’ll lose.
It’s not that Ihvestieren wouldn’t advise anyone to read The Intelligent Investor, it’s just that if you don’t have the time to plod your way through Graham’s outdated details, either skip straight to the commentary, or check out Malkiel’s book. These principles are something that, no matter what the circumstances, is never to be broken. 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 Blessed is he who expecteth nothing, for he shall not be disappointed.
Know what the company stands for. Of course it’s not that easy.
I learned some key’s to determining the value of stocks and to buy stocks with a margin of safety relative to other stocks. Check out The Intelligent Investor.
Anklis, and Walter J. The Intelligent Investor also marks a significant deviation to stock selection from Graham’s earlier works, such as Security Analysis.
It was great reading this book just before the most recent ingestieren crash and then asking “what would Graham do? He teaches you how to make a business out of investing in the stock market by giving you important advice to remember.