The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing (English Edition) Revised ed. 版本, Kindle电子书
“By far the best book on investing ever written.” — Warren Buffett
The classic text of Benjamin Graham’s seminal The Intelligent Investor has now been revised and annotated to update the timeless wisdom for today’s market conditions.
The 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 The Intelligent Investor the stock market bible ever since its original publication in 1949.
Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.
Vital and indispensable, this revised edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
“If you read just one book on investing during your lifetime, make it this one” (Fortune )
“The wider Mr. Graham’s gospel spreads, the more fairly the market will deal with its public.” (Barron's ) --此文字指其他 kindle_edition 版本。
- ASIN : B000FC12C8
- 出版社 : HarperCollins e-books; 第 Revised ed. 版 (2009年3月17日)
- 出版日期 : 2009年3月17日
- 语言 : 英语
- 文件大小 : 47312 KB
- 标准语音朗读 : 已启用
- X-Ray : 未启用
- 生词提示功能 : 已启用
- 纸书页数 : 640页
- 亚马逊热销商品排名: 商品里排第21,761名Kindle商店 (查看Kindle商店商品销售排行榜)
Its not an easy book to read for non financial people, or a rookie investor, but is one of the books you have to read more than once.
Anyways, on to the book! So I decided to pick this one because I wanted something totally out of left-field, a thing completely out of my comfort zone, and it also came highly recommended on some random-website suggesting books that would improve one's self. I'm happy to report that I enjoyed it nonetheless.
In brief summary, The Intelligent Investor is about how to wisely invest in the stock market, written by a guy who survived The Great Depression and really learned a thing of two from the experience. Now, I'm not going to lie, about 25% of this book went too in-depth for me to absorb, but I caught that other 75% and I found it absolutely fascinating.
On the whole, this is one long book that can be summed as "the best path to wealth in investing is patience, diligence, and avoiding mistakes." Essentially, Graham makes a strong argument that the stock market is going up and down all the time with a general upward trend from now to the end of days, so all you have to do is invest across the board, sit quietly, and let the funds roll in. I'm simplifying, but that's the basic premise. According to Graham, the hardest part about being an investor is remembering you can't predict the future and that you should be investing, not gambling.
Sounds basic, right? And yet, The Intelligent Investor provides example after example after example of real life people in real life periods throughout history that made the gambler's error, and over the course of this book one begins to pick up the simple fact that common sense is not actually all that common. Oh, and interestingly enough, this book has quite the comical side, as the author throws around a fair bit of wit. Prepare to chuckle on occasion.
I'd highly recommend this book to anyone thinking about investing in the stock market, but I really can't think of any other reason to read this book. It's a highly specialized piece of reading material (not that I expected any less) but it absolutely owns its area of expertise. I swayed between 4 and 5 stars on this one, but I ended up going with the 4 because the book is a tad dated and can run a bit dry in the details (that 25% I mentioned earlier). A commentary section is needed after each chapter to clarify/clear up what has changed since Graham first wrote this book, and I enjoyed that commentary often times more than the actual chapter itself. For that reason, I went the 4-star route, since I'm not allowed to give 4.5 or anything in between. Still an amazing work though!