Name : The Intelligent Investor (Paperback, Benjamin Graham)
"The Intelligent Investor" by Benjamin Graham is a timeless classic and widely regarded as one of the most influential books on investing ever written. First published in 1949, Graham's work has stood the test of time, offering invaluable insights into the principles of sound investment and financial security.
At its core, the book emphasizes the importance of adopting a disciplined and rational approach to investing, rather than succumbing to emotional and speculative tendencies. Graham, often referred to as the "father of value investing," advocates for a strategy that focuses on the fundamental analysis of stocks and bonds.
The central concept introduced by Graham is the distinction between two types of investors : the "defensive" and the "enterprising." Defensive investors, according to Graham, should prioritize the preservation of capital over the pursuit of high returns, and he proposes a method of selecting a diversified portfolio of fundamentally sound, low-risk securities. On the other hand, enterprising investors are encouraged to engage in more active and in-depth analysis, seeking out opportunities for higher returns through careful research and selective stock picking.
The book also introduces the idea of Mr. Market, a fictional character representing the manic-depressive nature of the stock market. Graham uses this metaphor to caution investors against being swa
Country of Origin : India
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