The Intelligent Investor: The Definitive Book on Value Investing
The Intelligent Investor: The Definitive Book on Value Investing
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Benjamin Graham presents a disciplined approach to investing built around careful analysis, long-term thinking, and protection against permanent loss. The Intelligent Investor explains the difference between investing and speculation, the importance of a margin of safety, portfolio policy, market psychology, and the behavior of the fictional Mr. Market. This revised edition preserves Graham’s foundational text while Jason Zweig’s commentary connects its principles to more recent financial events and the decisions facing individual investors.
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