The Intelligent Investor

“By far the best book on investing ever written.” — Warren Buffett

The classic text of Benjamin Graham’s seminal The Intelligent Investor has now been revised and annotated to update the timeless wisdom for today’s market conditions.

The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham’s philosophy of “value investing”—which shields investors from substantial error and teaches them to develop long-term strategies—has made The Intelligent Investor the stock market bible ever since its original publication in 1949.

Over the years, market developments have proven the wisdom of Graham’s strategies. While preserving the integrity of Graham’s original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today’s market, draws parallels between Graham’s examples and today’s financial headlines, and gives readers a more thorough understanding of how to apply Graham’s principles.

Vital and indispensable, this revised edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.

编辑推荐：

《聪明的投资者》是一本证券投资实务领域的世界级和世纪级的经典著作，自从1949 年首次出版以来，在股市上一直被奉为“股票投资圣经”。作者本杰明•格雷厄姆是价值投资理论的开山鼻祖、巴菲特一生的精神导师。格雷厄姆对于价值投资的理解以及投资安全性的分析策略影响了包括市盈率鼻祖约翰•内夫、投资大师欧文•卡恩和价值投资人艾维拉德等整整三代华尔街基金经理人。

《聪明的投资者》通俗易懂，简单扼要，旨在对普通人在投资策略的选择和执行方面的提供指导。但本书也不是一本教人“如何成为百万富翁”的书，而更多地将注意力集中在投资的原理和投资者的态度方面，指导投资者避免常识性错误。