The Intelligent Investor: A Book of Practical Counsel

This is the best investment book that I have read and I am a veteran of many investment books having written one myself. In fact, The Intelligent Investor is probably the best investment book ever written. Good investing doesn't require a gigantic IQ, but it does need a proper state of mind, the intellectual framework for recognizing the truth and the ability to keep your emotions from eroding that framework. What I liked the best in the book was the numerous case studies which allowed me to work out my investment decisions on given stock situations and then see what subsequently happened to that stock. The subsequent discussions and the results proved that stock picking can be quite scientific and predictable. The book further proves that the investors worst enemy is often himself/herself. The fault Dear Brutus is not in our stocks but in ourselves for we are underlings. Enthusiasm might do well in other endeavors, but in Wall Street it almost invariably leads to disaster. In Wall Street it's the facts that count not wishful thinking or fantasy as so many have recently learned. Incidentally, I agree with Graham's definition: An investment is one which, upon analysis, promises safety of principal and an adequate return. Anything else is a speculation and should be avoided. Follow Graham and you might profit from the folly of others rather than participate in folly yourself.

Over the past 30 years I have read a lot about Warren Buffet's early stock market education and noted that he has often cited his reading of 'The Intelligent Investor' as an critical starting point for him personally. I have now read and re-read this classic book a number of times over the years and I, while I still have a lot to learn, I can see my success in investing steadily improving. It offers a solid grounding in how to buy value in the stock market.

I am a firm believer in the concept of value investing and dollar cost averaging. Graham, the father of these concepts, outlines his viewpoints in a candid and frank manner and gives both novice and advanced investors a glimpse into his views of how to pick a good company and determine its value based on effective security analysis.The book is a little dry at times and the material is somewhat dated. The last revision was in the early 70s so as such, don't look to it for good judgements as to which industry may be the one of preference since times have changed. But Graham's no nonsense approach to choosing stocks based on value, using dollar cost averaging and effective asset allocation are worth the price alone in my mind.

This has been by far the best book I ever read. Chapter 8 is the FUNDAMENTALS of investing.It turned me from a good investor, to a great investor. If you read this book and try and apply the strategies today it is vry applicable. This book is a must read for anyone who wants to learn investing.

I read this book twenty years ago and thought it was just okay. After Buffett mania I read it again - and again thought it was just okay. Graham had only one theory on purchase - if a stock was selling below its book value, buy it. Simple philosophy - just not always right. Some stocks sell below book for a reason. I thought there were interesting aspects to the book - Mr. Market is a brilliant way to explain the capricious nature of the market. But some parts of the book seem to bog down with common sense and repetitive advice. There are certainly fundamentals that one needs to know that can be gleaned from the book - but it isn't the bible of investing for me.

I bought this because it was recommended by Warren Buffet. It is NOT an easy book to comprehend and it took me nearly 9 months to finish, but it is well worth it. The market insights have proven to be invaluable. I make investment and speculative decisions with much more confidence now. Not only that, I haven't made a losing decision since I have finished this book. Some of the information may not be valid anymore and it can be outdated, but like I said, earlier, it is a hard read, but it will increase your intelligence and ability to make investment decisions. If you can actually finish the book and apply the knowledge, you will be up there in the top percentile of investors.

B.O. Graham's book is some of the best investment advice you will ever read or obtain. So simple and direct, easy to understand, and written with great insights into human behavior in the stock market. I have been following his advice for many years and it has paid great dividends for me. You don't have to be a genius to build wealth in the stock market but you must be disciplined and have a plan. Graham outlines the basics for you in this classic book on investing. I still refer to it quite often when I get off my investing track and it brings me back to reversion to the means thinking and how to view the market.

The opinions and recommendations in the Intelligent Investor, written in the 1949, and in the 1973 revised edition which I read, have proven to be accurate, edifying, and if adhered to, a way to increase wealth. Fascinating reading for novice Stock Market investors, as well as the experienced investor.

Good item. Good price. Prompt delivery.

This book is not easy to find - especially in 'almost new' condition - so I was particularly pleased to find it on Amazon.Have only just started to read - so too early to give a final rating of the contents!Overall - very pleased with both the book and the service.

Warren Buffets favourite book... Says it all.

Obviously a very good book albeit a bit dated considering advances in technology where information is far easier to access.

Read this book 3 times. Before investing. Glad I did