|  | Authors: Benjamin Graham, Jason Zweig Creator: Warren E. Buffett Publisher: Collins Business
List Price: $21.99 Buy New: $10.65 as of 11/25/2009 00:42 CST details You Save: $11.34 (52%)
New (59) Used (51) Collectible (2) from $9.50
Seller: OB1S Rating: 157 reviews Sales Rank: 439
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 Book direct from the publisher. Ships immediately from New York. Please allow up to 15 days for delivery. Returns accepted. Satisfaction guarantee.
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Showing reviews 26-30 of 157
Great Book, Very Informative! January 6, 2009 Kyle Payne This book is well worth the read. It is very detailed and informative about the fluctuations of the market and the effects on its stockholders. The "Intelligent Investor" will teach you how to avoid the most common and critical mistakes of investing in the market. Like I said before, the book is very detailed and is not for the practical beginner. I feel an intelligent understanding of the market and economics is necessary to have before reading this book. Highly Recommended.
great in 2008 December 28, 2008 Steven R. Becker (Columbus, OH USA) 1 out of 2 found this review helpful
If you lost big in 2008 it is your own fault. I lost 7.5%, I should have made 10%. READ this book carefully and follow its concepts. It is my litmus test for anybody in the investment field, if they have not read it (and probably 90% have not) I ignore their advice (or consider doing the opposite). read it follow it and you really do not need so called professional investment advice. My definition of investing is buying something for less than you think it is worth, Speculation is buying something today because you think someone will pay more for it later. Be an investor.
Changed my mind on Investment Strategies November 23, 2008 W. Caulfield (Los Feliz) 1 out of 1 found this review helpful
Bought this book with an eye towards value stock picking. I've read a few others, most notably Peter Lynch, and dabbled with a few thousand while keeping my savings in cash.
Graham and his commentators seem to have no agenda other than what's best for the investor. Before I got to chapter 8 he had convinced me that individual stock picking was a waste of my time. Dollar cost averaging into Index Funds and ETFs while they're cheap, balancing towards bonds when they're not; these are easy "set and forget" strategies and Graham has convinced me that they pay off.
I'll still buy a few individual stocks, just like I still like to shoot craps in Vegas. Take a small amount and be willing to lose it. For the rest of my savings I'll do the hardest thing for a "Defensive" Investor: leave it alone.
Best Book to Eliminate Wall Street Propaganda November 16, 2008 Edward Prokop (wildwood, missouri United States) After being a stockbroker, and starting to deal with the market when I was 18, this book makes the best sense of the thinking process for investing. I first read this when my father gave me a copy when I turned 18. It still makes a great deal of sense and is rewritten in areas with up to date examples that are pertinent for today. Get it and read it! But most of all try and practice this discipline.
Work in finance? Invest some of your time in Benjamin Graham. November 11, 2008 Benjamin Lyng (United States) 1 out of 2 found this review helpful
Take a deep breath. If there was ever a time to sit back and revisit some of Benjamin Graham's sage advice, this is it. Just this weekend the Wall Street Journal reported that in the ten years ended 12/31/07, the Dow never saw a 9% trading range within a single day. This year it has happened six times. What would Graham think of today's volatility? I wouldn't be so presumptuous to put words into his mouth, but if I had to guess, I think he would assert that there are pockets of opportunity for the enterprising investor who adheres to Graham's three elements of investing.
While not as academic as Security Analysis, The Intelligent Investor still does a remarkable job of explaining fundamental investment analysis concepts: risk management, valuation, investment versus speculation, margin of safety, and asset allocation, among others. But most impressive is the fact that the man who taught Warren Buffet about investing manages to discuss highly technical concepts in plain English, while leveraging case studies and unusual market events from the first half of the 20th century to add a sense of realism to theory. All of this makes the book an enjoyable and instructive read, and you can take the history lesson as an added bonus.
Another invaluable benefit of this edition is Jason Zweig's commentary throughout the book. After every chapter, Zweig presents a 21st century point of view, relating concepts and historical examples in the text to situations faced by today's companies. Some of the most outrageous examples from current times involve bankrupt and de-listed internet companies, and comments by management, analysts, and members of the financial press that are astonishing in retrospect. Zweig also does an outstanding job in the footnotes - elaborating on Graham's concepts or explaining dated material in the text that today's reader may not understand - from long forgotten stories of financial scandal to observations about Manhattan architecture.
The Intelligent Investor is a must read for anyone thinking of going into finance or currently employed in the industry. In a market where many asset managers seem to have abandoned basic analysis and sound due diligence in pursuit of a short cut to outsized (and ultimately unsustainable) returns, you might want to ask your advisor if he has read any or Graham's works. And if the answer is no, perhaps you should find someone who has.
Showing reviews 26-30 of 157
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