The Intelligent Investor

"The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel" by Benjamin Graham is a classic guide to investing, first published in 1949. Graham, known as the "father of value investing," provides a comprehensive overview of investing principles that have stood the test of time. This book is aimed at investors of all levels, from beginners to professionals, and it provides practical advice and timeless wisdom to help readers make informed investment decisions.

Key points:

• The importance of value investing: buying stocks at a discount to their intrinsic value
• The difference between investing and speculation
• The need to have a margin of safety when investing
• The concept of Mr. Market and how to use it to your advantage
• The role of diversification in a successful investment strategy
• The importance of avoiding fads and hot tips

Book details:

• Author: Benjamin Graham
• Publisher: HarperCollins
• Pages: 640
  
• Publication date: 2003 (revised edition)
• Language: English