Out of all of the books I’ve read about investing, this book is first-class.
Forwarded by John C. Bogle, Benjamin Graham shares the importance of value investing and the comparative difference between the average speculator and the intelligent investor.
If you’re new to stock investing, I would not recommend The Intelligent Investor to be your first book of choice. Before you read this book, you need to understand the fundamentals of the stock market and a general idea of how it operates.
In my humble opinion, I didn’t agree with Graham’s stock/bond ratio for the defensive investor stock portfolio. If found his ratio to be a little outdated and strict. But then again, I’m not Benjamin Graham (so I highlighted it anyways). On the other hand, Graham perfectly illustrates how to select a bargain stock, explains tax benefits ( see your tax accountant), and pattern changes in stock earnings and stock prices.
This book is perfect for those who want to strengthen their investing strategy. Since I’ve read this I’ve noticed a turnaround and stability in my portfolio. I changed my strategy and it was the best decision I’ve ever made. May I encourage you to add this spectacular book to your bookshelf to read and take notes from. Apply what you learn and invest with confidence.
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