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Business literature

The Intelligent Investor

eng. The Intelligent Investor · 1949
Prepared by the Litseller editorial team. Our goal is to share concise, accurate, and valuable book summaries for personal growth and education.

Interesting Facts

  • The book is considered one of the most influential works on investing and is often referred to as the «bible of investing».
  • In the book, Benjamin Graham introduces the concept of «investing with a margin of safety», which involves buying stocks at prices below their intrinsic value.
  • The author emphasizes the importance of distinguishing between investing and speculation, focusing on a long-term approach.
  • The book contains a detailed analysis of market cycles and explains how investors can use them to their advantage.
  • Graham introduces the concept of «Mr. Market» as a metaphor to explain market volatility and irrational investor behavior.
  • The book was first published in 1949 and has been reissued many times since, remaining relevant to modern investors.
  • Warren Buffett, one of the most successful investors in the world, calls this book the best book on investing he has ever read.
The Intelligent Investor
Date of publication: 27 November 2024
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The Intelligent Investor
Original titleeng. The Intelligent Investor · 1949