false 106835 1 Among the library of investment books promising no-fail strategies for riches, Benjamin Graham's classic, <I>The Intelligent Investor</I>, offers no guarantees or gimmicks but overflows with the wisdom at the core of all good portfolio management. <p> The hallmark of Graham's philosophy is not profit maximization but loss minimization. In this respect, <I>The Intelligent Investor</I> is a book for true investors, not speculators or day traders. He provides, "in a form suitable for the laymen, guidance in adoption and execution of an investment policy" (1). This policy is inherently for the longer term and requires a commitment of effort. Where the speculator follows market trends, the investor uses discipline, research, and his analytical ability to make unpopular but sound investments in bargains relative to current asset value. Graham coaches the investor to develop a rational plan for buying stocks and bonds, and he argues that this plan must be a bulwark against emotional behavior that will always be tempting during abrupt bull and bear markets. <p> Since it was first published in 1949, Graham's investment guide has sold over a million copies and has been praised by such luminaries as Warren E. Buffet as "the best book on investing every written." These accolades are well deserved. In its new form--with commentary on each chapter and extensive footnotes prepared by senior <I>Money</I> editor, Jason Zweig--the classic is now updated in light of changes in investment vehicles and market activities since 1972. What remains is a better book. Graham's sage advice, analytical guides, and cautionary tales are still valid for the contemporary investor, and Zweig's commentaries demonstrate the relevance of Graham's principles in light of 1990s and early twenty-first century market trends. <I>--Patrick O'Kelley</I> 102974 1 7 2003 The Intelligent Investor (Revised Edition, Collins Business Essentials) total:419|5:182|4:158|3:69|2:9|1:1| 419 1768 898 91 3 1 false false Sat Jan 01 00:00:00 -0800 2005 Wed Sep 03 10:46:28 -0700 2008 Wed Sep 03 10:53:07 -0700 2008
And t...more...]]> 5 1 false false Sun Nov 09 14:28:06 -0800 2008 Sun Nov 09 14:34:32 -0800 2008 more...]]> 4 0 false false Mon Jan 01 00:00:00 -0800 2007 Thu Jul 09 17:07:55 -0700 2009 Thu Jul 09 17:08:31 -0700 2009
Review:

Whether you are an avid investor with a complex understanding of the marke...more...]]> 0 1 false false Sun Oct 26 07:50:50 -0700 2008 Tue Oct 28 09:59:29 -0700 2008
As a manual for value investing it seems more hype than practical because the main text is rather dated. The end of each chapter has commentary which attempts to rectify that problem, but with limited success--at least in the early ...more...]]> 4 0 false false Tue Jan 01 00:00:00 -0800 2008 Tue Jun 23 17:43:33 -0700 2009 Tue Jun 23 18:27:16 -0700 2009 more...]]> 5 0 false false Sat Aug 01 00:00:00 -0700 2009 Sun Aug 02 18:26:07 -0700 2009 Sun Aug 02 18:30:18 -0700 2009 more...]]> 5 0 true false Wed Mar 18 00:00:00 -0700 2009 Sat Dec 27 21:13:41 -0800 2008 Thu Jun 18 17:05:17 -0700 2009 more...]]> 4 0 true false Tue Feb 03 00:00:00 -0800 2009 Tue Feb 05 09:39:34 -0800 2008 Tue Feb 03 10:22:59 -0800 2009 1
Poignant Quotes:

The defensive (or passive) investor will place his chief emphasis on the avoidance of seriou...more...]]> 5 0 true false Mon Oct 01 00:00:00 -0700 2007 Fri Oct 26 08:21:58 -0700 2007 Fri Oct 26 09:29:01 -0700 2007 more...]]> 4 0 false false Wed Aug 01 00:00:00 -0700 2007 Mon Aug 13 23:16:06 -0700 2007 Sat Dec 29 08:20:56 -0800 2007
Learn a business inside and out BEFORE you invest in it.
Share price does not equal company value. Share price equals Wall Street's appraisal....more...]]> 5 0 false false Thu Jan 01 00:00:00 -0800 2004 Mon Aug 06 23:29:12 -0700 2007 Mon Aug 06 23:46:47 -0700 2007 more...]]> 4 0 false false Wed Dec 31 07:36:10 -0800 2008 Wed Dec 31 07:38:28 -0800 2008 more...]]> 4 0 false false Sun Jun 29 18:29:11 -0700 2008 Sun Jun 29 18:29:17 -0700 2008 more...]]> 5 0 false false Mon Mar 07 00:00:00 -0800 2005 Sun Mar 02 16:48:35 -0800 2008 Sun Mar 02 17:05:59 -0800 2008 more...]]> 5 0 false false Fri Aug 01 00:00:00 -0700 2008 Wed Jul 15 12:20:19 -0700 2009 Wed Jul 15 12:23:12 -0700 2009 0 0 false false Sun Oct 05 00:00:00 -0700 2008 Tue Dec 30 16:32:14 -0800 2008 Tue Dec 30 16:33:48 -0800 2008 3 0 false false Tue May 01 00:00:00 -0700 2007 Thu Jul 19 08:39:07 -0700 2007 Thu Jul 19 08:44:57 -0700 2007 more...]]> 3 0 false false Sat Feb 28 16:02:34 -0800 2009 Sat Feb 28 16:03:24 -0800 2009 2 0 false false Fri Sep 04 00:00:00 -0700 1998 Sat Sep 26 16:53:51 -0700 2009 Sat Sep 26 16:57:52 -0700 2009 0 0 false false Sun Mar 15 21:41:16 -0700 2009 Sun Mar 15 21:42:01 -0700 2009