Intelligent Investor

"By far the best book on investing ever written." —Warren BuffettThe definitive book on value investing, this hardcover edition feature's Benjamin Graham's original wisdom from 1949 and includes a foreword by John C. Bogle, founder of The Vanguard GroupThe greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing"-which shields investors from substantial error and teaches them to develop long-term strategies-has made Intelligent Investor, The the stock market bible ever since its original publication.Vital and indispensable, Intelligent Investor, The is the most important book you will ever read on building a successful portfolio and reaching your financial goals.This edition combines Graham's original text with updated commentary to provide a complete framework for investment success:The Margin of Safety: Learn the central concept of Graham's investment philosophy, a time-tested principle that shields investors from substantial error.Investment vs. Speculation: Master the critical difference between being an investor who owns a business and a speculator who bets on price-a distinction crucial for long-term wealth.Long-Term Portfolio Strategy: Develop the discipline to create and manage a portfolio for the long haul, ignoring market fluctuations and focusing on your financial goals.Investor Psychology: Discover how to control the self-destructive behaviors that prevent most investors from reaching their full potential, proving that your own character is your greatest asset.