Your Thoughts About The Intelligent Investor by Benjamin Graham

[vladtitov151 10]

I have read this book honestly, I didn't feel like i read a book almost everyone was recommending. I personal feel the book is kinda overrated. So what are your thoughts on the book if you have read it?

[dbelov275 11]

There is something about been the first. I am not sure, but i think that is the first known book about investment. The concept he explained in the book, is surely true and still valid till date, however, because of the book is too old, alot of things have changed and of course many of his techniques are quite outdated. nevertheless, it is a good book. Though there are lots of better books to read for this age investment.

[vladtitov151 10]

I thought as much. I also noticed that his concept of analysis are quite the basis, for me, nothing really intriguing and so much special that can be a secret to a major investor.

[dbelov275 11]

You sound really disappointed by this book, I don't feel so. Here are a few taken from the 1973 Revised Edition of The Intelligent Investor that sits on my shelf:

 

Stocks are businesses, and investing is most intelligent when it is most businesslike (know your business).

Margin of safety is a concept that not only applies to bonds and other fixed-value investments, but also to common stocks.

Price and value are not always the same.

“Mr. Market” tells investors every day what he thinks their stocks are worth. His appraisals are occasionally influenced by fear or greed, and investors are free to heed or ignore Mr. Market when it suits them.

Both defensive (passive) and enterprising (active) investment strategies have their place, depending on the needs and desires and abilities of investors.

Inflation does not generally add to investment value because inflation does not increase the rate of return on capital enjoyed by public corporations.

[Senior 10]

It's good if you are a beginner. I personally feel it's a little bit outdated.