|  | Authors: Benjamin Graham, Jason Zweig Creator: Warren E. Buffett Publisher: Collins Business
List Price: $21.99 Buy New: $9.99 as of 11/23/2009 22:32 CST details You Save: $12.00 (55%)
New (60) Used (47) Collectible (2) from $9.00
Seller: smokymtnbooks Rating: 157 reviews Sales Rank: 425
Languages: English (Original Language), English (Unknown), English (Published) Media: Paperback Edition: Revised Pages: 640 Number Of Items: 1 Shipping Weight (lbs): 1.1 Dimensions (in): 7.8 x 5.3 x 1.4
ISBN: 0060555661 Dewey Decimal Number: 332.678 EAN: 9780060555665 ASIN: 0060555661
Publication Date: July 1, 2003 Availability: Usually ships in 1-2 business days Condition: Brand New!!!Great Condition, No Remainder Mark. We Have Over 3,500,000 Books Sold!!!
|
| Customer Reviews:
Showing reviews 16-20 of 157
Difficult To Follow, Great Advice May 2, 2009 Kit (New Mexico) This book is difficult to read without a working knowledge of investment however the advice is solid for new investors and remains a valid reminder for more experienced investors as well. Grahm's work is really the foundation of modern investment schools of thought.
His approach is a simple one of picking solid companies that will not vanish in the next few years automating the investment portfolio to remove the greatest weakness in any investment plan: your own emotions.
Central to his system is the fact that it is very to match the market but hard to consistantly beat it. Indeed he argues that simply putting additional effort into trying to beat the market is often the best way to lose money in the long term. Instead he supports steady, safe investment in what the investor can rely on to be solid investments over the years, especially in undervalued companies and solid bonds, in order to avoid losses which would be impossible to recover from. Rather than running arace that isimpossible for you to win it is better to focus on your own long term goals and refuse to compare your results against that of others. Doing so makes you more willing to tak edangerous risks that ca destroy the valu eof your investments and so long as you reach your goals who cares how well someone else did?
Best Investing Book I've Ever Read---Hands Down April 27, 2009 A. Callaghan (Tulsa!) 1 out of 1 found this review helpful
Just finished Intelligent Investor and am starting on his Security Analysis. I.I. is not the easiest read (find a quiet room, have a notepad and paper, and read 1 or 2 chapters a night), but its insight is breathaking--particularly with the financial chaos (and volatility) of recent months. I've long been a fan of Warren Buffet and a Value Investor, and decided to read this book after reading of its influence on his style. If you have any desire to "run your own money" and self-direct your investments, you are a fool to not read this book. If you choose to not do it yourself (and nothing wrong with that choice, it takes ALOT of time), take Graham's prescient advice and simply place your money in stock and bond Index Funds and simply own the entire market.
The Intelligent Investor April 3, 2009 dfauquier (texas) 0 out of 5 found this review helpful
Item arrived in good condition. Have not had the time to read it but it is highly recommended.
I wish March 8, 2009 Carl B. Schneider (Plano, TX) 0 out of 2 found this review helpful
This book is great. Even though it covers past history I feel it gives insite into the future. At age 60, I no longer have time on my side. I wish I had read this book when I was 19 years old.
Good for entry but not for exit February 25, 2009 Justin Heldebrand (Sioux falls SD) 5 out of 7 found this review helpful
The most informative and helpful chapters for me were 11 and 12 where the author discusses how to analyze a company's balance sheet and evaluate earnings. In addition Chapters 13,14 and 17,18 were of special value since comparison of different companies balance sheets was done. Using what I learned from this book I was able to put together a simple litmus test for me to even consider a company. This test requires: (1)An increase of at least 10% year over year in stockholder's equity and (2) an increase of at least 15% year over year in retained earnings.This indicates that the increase in equity is due to earnings that are retained on the balance sheet indicating growth. If a company did not pass these requirement it is dropped from consideration , otherwise further analysis was done.
When to sell on the other hand was not as clear. Selling when the balance sheet deteriorates may be too late since by then ususally the stock has dropped significantly.
You will thus need a book that allows you to objectively decide when to sell.The book Jim Cramer's Real Money: Sane Investing in an Insane World discusses how to determine bottoms and tops in stocks using more classic combinations of technical and fundamental indicators.
Showing reviews 16-20 of 157
|
|
|