The Intelligent Investor is one of the best books ever written about investing. It was written by Benjamin Graham, the greatest financial advisor of the 20th century, who taught and inspired millions of people around the world. His investment philosophy is based on the principle of value, which protects investors from making fatal mistakes and teaches them how to develop long-term strategies, making this book a primary reference in the field of investing in the financial markets.
The Intelligent Investor is relatively large in size, yet it is extremely engaging and useful. It is approximately 800 pages long and was first published in 1949. It was reprinted, revised, and annotated in 2003. The Arabic translation was published in 2008 by Jarir Bookstore.
The Intelligent Investor Book
Successful, lifelong investing doesn’t require superhuman intelligence, extraordinary abilities, or insider knowledge of the company. Rather, it requires a sound mental framework for making decisions and preventing them from becoming corrupted by emotions. This is precisely what this author provides, clearly and concisely outlining the contours of this mental framework.
What are the important elements in stock selection? Who is an intelligent investor? How should an investor deal with the emotions that drive him or her to take risks? These questions and others are answered in this book, whose author did not fail to lay out the fundamentals and rules of sound investment for the benefit of both professional investors and those seeking to master the game of money and business.
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Warren Buffett, the third richest man in the world according to Forbes magazine, was famous for his love of reading, as he used to read between 700 and 1000 pages a day. When asked about the best book for investment, he said:
“I read the first edition of The Intelligent Investor 67 years ago when I was 19 years old, and ever since then I have considered it the best book ever written on investing.”
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Warren Buffett has stated that Chapters 8 and 20 have been the cornerstone of his rational and sensible investing practice for over 60 years. He learned from them how to think about a stock and how to think about the stock market. He suggests that all investors read these two chapters and reread them whenever the market is particularly strong or weak.
The Intelligent Investor pdf
