The Intelligent Investor-an investment guide
Recession is the word that is doing the rounds now and what better way to tide recession than by opting to invest in the stock market, albeit for the long run? This book provides an overview and the most favorable means to opt for investment plans. The authors are Graham, Benjamin (Author), Zweig, Jason (Joint Author) and they have worked on options for smart investing. The philosophy highlighted is 'value investing' and it aims at shielding investors from considerable error which may be incurred by beginners.
Long term goals are conducive not merely in the stock market sphere but also in day to day life. The book delves on the crucial steps that can guide an individual in preparing long term strategies. The book has been aptly known as the stock market bible since it got published in 1949.
This is not a book that is 'all show and no substance'; as over the years, the market developments have proven the strategies of Graham. This is no doubt a revised edition but it certainly incorporates the realities of today's market. It draws similarities between the examples quoted by Graham and the financial headlines doing the rounds. What's more, it provides the reader a more comprehensive understanding of the method to apply Graham's principles. I would recommend this book to anyone planning on embarking on long term investments.
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