THE INTELLIGENT INVESTOR by BENJAMIN GRAHAM

“THE INTELLIGENT INVESTOR” by Benjamin Graham is a seminal book on value investing. It advocates for a disciplined, long-term investment strategy focused on fundamental analysis and minimizing risks. Graham introduces concepts such as “margin of safety” and “intrinsic value” to guide investors in making prudent decisions. The book emphasizes the importance of investor psychology, recommending a balanced approach between defensive (conservative) and enterprising (active) investing styles. Graham’s principles aim to help investors achieve steady returns while avoiding speculative pitfalls.