
The Intelligent Investor Third Edition
The Definitive Book on Value Investing
- 640 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
The Intelligent Investor Third Edition
The Definitive Book on Value Investing
About this book
75th Anniversary Edition
The classic work on investing, filled with sound and safe principles that are as reliable as ever, now revised with an introduction and appendix by financial legend Warren Buffett—one of the author’s most famous students—and newly updated commentaries on each chapter from distinguished Wall Street Journal writer Jason Zweig.
“By far the best book about investing ever written.”—Warren Buffett
Since its original publication in 1949, Benjamin Graham’s revered classic, The Intelligent Investor, has taught and inspired millions of people worldwide and remains the most respected guide to investing. Graham’s timeless philosophy of “value investing” helps protect investors against common mistakes and teaches them to develop sensible strategies that will serve them throughout their lifetime.
Market developments over the past seven decades have borne out the wisdom of Graham’s basic policies, and in today’s volatile market, The Intelligent Investor remains essential. It is the most important book you will ever read on making the right decisions to protect your investments and make them grow.
Featuring updated commentaries which accompany every chapter of Graham’s book—leaving his original text untouched—from noted financial journalist Jason Zweig, this newly revised edition offers readers an even clearer understanding of Graham’s wisdom and how it should be applied by investors today.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover
- Title Page
- Dedication
- Epigraph
- Contents
- Disclaimer
- Foreword: A Note About Benjamin Graham, by Jason Zweig
- Preface to the Revised Edition, by Warren E. Buffett
- Introduction: What This Book Expects to Accomplish
- 1. Investment versus Speculation: Results to Be Expected by the Intelligent Investor
- 2. The Investor and Inflation
- 3. A Century of Stock-Market History: The Level of Stock Prices in Early 1972
- 4. General Portfolio Policy: The Defensive Investor
- 5. The Defensive Investor and Common Stocks
- 6. Portfolio Policy for the Enterprising Investor: Negative Approach
- 7. Portfolio Policy for the Enterprising Investor: The Positive Side
- 8. The Investor and Market Fluctuations
- 9. Investing in Investment Funds
- 10. The Investor and His Advisers
- 11. Security Analysis for the Lay Investor: General Approach
- 12. Things to Consider About Per-Share Earnings
- 13. A Comparison of Four Listed Companies
- 14. Stock Selection for the Defensive Investor
- 15. Stock Selection for the Enterprising Investor
- 16. Convertible Issues and Warrants
- 17. Four Extremely Instructive Case Histories
- 18. A Comparison of Eight Pairs of Companies
- 19. Shareholders and Managements: Dividend Policy
- 20. “Margin of Safety” as the Central Concept of Investment
- Postscript
- Acknowledgments from Jason Zweig
- Appendixes
- Notes
- Index
- About the Authors
- Copyright
- About the Publisher