The Intelligent Investor
Benjamin Graham's foundational guide to value investing, built around margin of safety and treating a stock as a piece of a business.
Benjamin Graham’s classic sets out the philosophy of value investing that shaped a young Warren Buffett. Its core ideas are durable: treat a share as part-ownership of a business, insist on a margin of safety between price and value, and picture the market as a moody partner whose offers you can accept or ignore. The book teaches temperament as much as technique, which is why it endures.
Recommended by 1 Person
Warren Buffett
I read the first edition of this book early in 1950, when I was nineteen. I thought then that it was by far the best book about investing ever written. I still think it is.
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