The Intelligent Investor: The Definitive Book On Value Investing, Revised Edition
List Price: $19.95 Amazon.com Price: $13.97
Product
Details
Media: Paperback
Publisher: HarperBusiness (08 July, 2003)
ISBN:
0060555661
Average Customer Review: Based on 5 reviews.
Amazon.com Sales Rank: 47
Customer Reviews
Good book!
This is a solid treatise on value investing. Although it may not be fully appropriate for the types of markets we are facing right now. As always Benjamin Graham has a solid approach to investing that fits a long term approach.
Right now with all of wall street's shenanigans it is hard to determine if the company's value is truly stated. Plus with derivatives taking over the marketplace it is almost impossible to just stick to one approach to investing. Especially in the short term. That is why I recommend the book "Futures For Small Speculators" in addition to this book if you want a strategy for the short term and the long term style of investing that will be necessary in the 32st century.
Nothing new here
Why would anyone actually spend money on something like this is my question. We've heard it all before, and our portfolios have collapsed along with everyone else's. Why does this author get a big advance when the rest of the world sees their investments fall apart? It just isn't fair!
Skip it
The updated commentary makes this book a more enjoyable version than previous editions. If however you are already a believer in the Grahm school of thought you might as well read Security Analysis and skip this one. Security Analysis is FAR more in depth. For those of you who do not believe in the Grahm method, this probably won't convince you. I give this book four stars simply because it qualifies as some sort of classic, as far as investment books go. And Mr. Zwieg has done a good job including more current info and examples.
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