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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Graham’s last revision of this book was done in so some of the examples are outdated, but a Wall Street Journal reporter adds a commentary after every chapter showing that Graham’s reasoning still applies although that was done in the early ‘s which seems a little outdated too sometimes.

This is a book that offers down-to-earth, practical advice on investing to a layman audience. For a basic investiieren in investing, one cannot go wrong with this book, BUT for normal readers, the writing style might be a bit archaic.

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. Intellihent of which class the investor belongs to, the main premise of the book revolves around investeiren investing – buying securities when they are undervalued based on their fundamentals. Price no more than 15x average earnings of the past 3 years Steady Eddies: But if you want invesgieren start learning about how to invest on your own then the Intelligent Investor is a great start.

Having a principle-based investment strategy is something that will prove to be of much value as one progresses along his career or hobby of successful investing. I’m a Boglehead follower of Vanguard founder John Bogleso I invest through broadly diversified, passive index f If you read investing books or magazines, you’ve undoubtedly heard of Benjamin Graham. As an investor myself, I have found as I am sure others have as well that the perspective Benjamin brings is both timeless and very applicable.

It also tells you how much time you should realistically be looking to spend if you are going to be an active investor.

These principles are something that, no matter what the circumstances, is never to be broken. Ten Rules for Financial Success for a simpler, more straight-forward alternative to this book.


PaperbackCollins Business Essentialspages. Second, they think a great deal about that they do and how to do it, but ontelligent pay very little attention to grahxm the market is doing. Of course it’s not that easy. This commentary is crucial to the level of satisfaction of the read.

This is a must read for anyone looking to manage their own money on any level. The stock selection strategies for defensive investors are much more strict than those for enterprising investors, because the latter can spend more time evaluating the quantitative and qualitative characteristics of the companies in which he or she may wish to invest. They certainly did twice as well as the Dow Jones.

Quotes from The Intelligent I Because their choices were made based on intrinsic value and not market prices, these companies are good long term investments gaham the investor doesnt have to sell and buy new ones constantly. Market seems plausible, but sometimes it is ridiculous. By reading both texts, the ideas and concepts are in definite reach of any reader.

While I learned traham re-learned many truths with this book, some of the most valuable ideas were to distinguish between “investing” and “speculation. Market’s often irrational behavior.

[PDF] Benjamin Graham – Intelligent – Free Download PDF

The Intelligent Investor also marks a significant deviation to stock selection from Graham’s earlier works, such as Security Analysis. Benjamin Graham’s “value investing” method is the time-tested “choose ’em carefully and hold ’em” long-term strategy used by Warren Buffett. But then, this book is too old to have a lot of relevance now. This book is on my Amazon wishlist. See all 19 questions about The Intelligent Investor…. I’m a Boglehead follower of Vanguard founder John Bogleso I invest through broadly diversified, passive index funds instead of individual stocks and bonds.

May 14, Vivek Verma rated it it was ok. He strongly advises against trying to time the market, and says to never invest in something intellgent don’t understand.

It was just difficult for me to do so. These stocks present the best opportunities for purchase according to Graham; however, the financials must not be ignored in these cases. I would not dare to get into intelligentt specifics of this book as I would not do them justice and I feel that the above should be more than enough reason to read the full edition. He summarizes them as: Jan 07, S. Okay, this is the book to read if you are serious about investing in stocks.


At other times he will do better if he forgets about the stock market and inelligent attention to his dividend returns and to the operating results of his companies.

Aug 20, Kara Lane rated it it was amazing. The classic book on investing by the man who taught Warren Buffett.

Benjamin Graham – Intelligent Investieren.pdf

The commentaries by Jason Zweig are particularly helpful because much of Graham’s language and experience are from over 50 years ago and Zweig helps the ‘student’ interpret and understand the material in the context of today.

The advice Graham dispenses advising intellogent to be grounded by solid fundamentals and to intelligwnt against animal spirits are valid for other life’s adventures. Well, the particular edition I have, with a preface by Warren Buffet AND a preface by Jason Zwieg AND individual chapter commentaries by Jason Zwieg, gives the reader the teaching of legendary investor from an earlier time P I’ve been reading this book for ages, not because its boring or now worthwhile, but because it is so rich and detailed that I could only take it in small bites.

Refresh and try again. Kevin Chidiac Personally i didn’t read any books prior to reading this one. There is little doubt that this book is just rubbish.

The margin is based on statistical data, not speculation.

Benjamin Graham

Whether you are an avid investor with a complex understanding of the markets or a beginner who is yet to start learning, there is little doubt that you have heard of Warren Buffet.

By contrast, those who emphasize protection are always especially concerned with the price of the issue at the time of study. And through the articles that Benjamin Graham wrote, I can’t imagine that he is the father if value investing. Can anyone tell me the books, I should read first in order to go through The Intelligent Investor.