intelligent investor - The Classic Text on Value Investing
by Benjamin Graham
intelligent investor - The Classic Text on Value Investing
by Benjamin Graham
Book Summary
Benjamin Graham's work remains a cornerstone of investment philosophy, emphasizing the principles of value investing that have guided countless successful investors. This classic text introduces timeless strategies for evaluating securities and making prudent investment decisions grounded in thorough analysis and a margin of safety.
- Intrinsic Value: The book emphasizes the importance of determining the intrinsic value of a stock, which represents its true worth based on fundamentals rather than market price fluctuations.
- Margin of Safety: Graham advocates investing with a significant margin of safety to protect against errors in judgment or unforeseen market...
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