The Intelligent Investor Revised Edition. - : The Definitive Book on Value Investing (Collins Business Essentials) (Old Edition)
The Intelligent Investor is a widely acclaimed book on value investing written by Benjamin Graham, a legendary investor and mentor to Warren Buffett. This revised edition, published by Collins Business Essentials, provides readers with a comprehensive guide to investing in stocks and bonds, as well as practical advice on how to make informed investment decisions.
The book is divided into several parts, each of which covers a different aspect of value investing. Part One provides an introduction to the principles of value investing and explains why investors should focus on the long-term value of a company rather than its short-term performance.
Part Two of the book focuses on investment analysis and provides readers with the tools they need to evaluate stocks and bonds. This includes an overview of financial statements, an explanation of stock market trends, and a guide to identifying undervalued companies.
Part Three of the book focuses on portfolio management and provides readers with practical advice on how to construct a diversified portfolio. This includes advice on asset allocation, risk management, and tax planning.
Finally, Part Four of the book focuses on the psychology of investing and provides readers with insights into the emotional challenges of investing. This includes advice on how to avoid common investment mistakes, such as following the crowd or investing in companies that are popular but overvalued.
The Intelligent Investor Revised Edition is a comprehensive guide to value investing and is a must-read for anyone who wants to become a successful investor. It provides readers with practical advice on how to analyze stocks and bonds, construct a diversified portfolio, and manage the emotional challenges of investing.
Overall, this book is an excellent resource for investors of all levels of experience, from beginners to seasoned professionals. It is written in a clear and concise style and is easy to read and understand. Whether you are a seasoned investor or just starting out, The Intelligent Investor Revised Edition is an invaluable resource for anyone who wants to become a successful investor.
About the Author
About the Author: Benjamin Graham came up with the philosophy of 'value investing' which he taught at Columbia Business School in 1928 and eventually refined with input from David Dodd. Benjamin Graham was a mentor to Warren Buffet, Irving Kahn and Walter Schloss - all of whom proclaimed that The Intelligent Investor was the best book ever written on investing.