The Intelligent Investor
| Author | : | |
| Rating | : | 4.75 (641 Votes) |
| Asin | : | B00SSQZ076 |
| Format Type | : | |
| Number of Pages | : | 101 Pages |
| Publish Date | : | 2016-06-18 |
| Language | : | English |
DESCRIPTION:
Look in the Mirror First! Reading Fan Since I am retired and trying to manage my own portfolio, I figured this would be the book to read. I know how to pick 4 or 5 star funds and diversify well enough, but I don't have enough theory or any formal financial background at all. I was looking for a classic book on the subject, one that a financial novice could understand, and decided to read this one.Benjamin Graham is known as the Father of Value Investing and was the mentor of Warren Buffett, the most successful investor of all time. Warren Buffett called the Intelligent Investor `the best book about investing ever written.' He believed in defensive, val. Alex said Buy stocks as groceries, not as jewelry.. Edition: I found commentary very useful (though often distracting). If you are not a professional - you'll appreciate the commentaries and epilogue - read it first? It's very inspiring.Book: "You either get the idea in the first five minutes, or you don't get it at all", commented Warren Buffet in the epilogue. I would add - you don't necessarily need to read all 550 pages, but you must read through the idea of value investing - and it will change your way of looking at the world. I always felt confused and amazed by listening to all the ridiculous fuzz that comes from the Wall Street through TV and the internet. T. Frank said A hard read, but definitely worth it.. I will give a disclaimer that I am 18 years old and new to investing so this book was a tough read for me. It took me a few months to read but I am so glad I did. I would suggest this book to anyone of any age to read and understand Graham's message. Though the text is older the ideals still stand strong today and in today's market. I would suggest to read the book slowly and reread if needed to fully understand all that is have to offer, I had to reread many parts because I had no clue what was going on. This book has numerous amounts of advice that I have never received before and it has actually helped with my p
The theory does not encourage investors to short-term speculation, and found that companies pay more attention to the intrinsic value, and stressed that "for a rational investment, mental attitude is more important than the skill." It will help "defensive investor" capital preservation, to avoid serious investment mistakes; Help "aggressive investors' use of the opportunity, with the analysis, at less than fair price to buy the stock price or intrinsic. This book is the founder of "Security Analysis" theory of Benjamin Graham's masterpiece. The richest man in the world in the securities industry, "Warren" Warren Buffett is the author saw him as a student and lifelong idol.