The Intelligent Investor

The Intelligent Investor is the standard work on value investing, which was pioneered by Benjamin Graham at Columbia Business School in the 1920s. This trading book is so well-regarded that Warren Buffett declared it to be the best investment book ever written, so it is not surprised that it is in the list of the best books on trading.

Graham's ageless insight has been updated for today's market realities in this classic text. Benjamin Graham, the best investing counselor of the twentieth century, taught and inspired individuals all over the world. Since its first publication in 1949, Graham's philosophy of "value investing," which protects investors from significant error and teaches them to develop long-term strategies, has made The Intelligent Investor the stock market bible.

The book's strategy entails purchasing stocks that appear to be undervalued based on fundamental analysis, such as those with high dividend yields or low price-to-earnings ratios when compared to their peers. The objective is to locate stocks with prices below their "intrinsic worth," give them a "margin of safety" in terms of future rising potential, and then hold them for the long term.

Market developments have demonstrated the validity of Graham's strategies throughout time. Graham revised the book four times, the most recent in 1972, with a foreword by Warren Buffett. A new edition, initially published in 2003, includes new commentary by financial journalist Jason Zweig, who explains how to apply the book's concepts to today's markets.

Author: Benjamin Graham

Link to buy: https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661