Benjamin Graham. The intelligent investor (2003)

Benjamin Graham. The intelligent investor (2003)
Title:The intelligent investor: the definitive book on value investing, revised edition
Author:Benjamin Graham, updated with new commentary by Jason Zweig
Editor:Preface and Appendix by Warren Edward Buffett
Place:New York
Pages:XIII, 623
ISBN:0060555661, 9780060555665
File:PDF, 5.96 MB
Download:Click here
The text reproduced here is the Fourth Revised Edition, updated by Graham in 1971–1972 and initially published in 1973. Please be advised that the text of Graham’s original footnotes (designated in his chapters with superscript numerals) can be found in the Endnotes section beginning on p. 579. The new footnotes that Jason Zweig has introduced appear at the bottom of Graham’s pages (and, in the typeface used here, as occasional additions to Graham’s endnotes).

More than one million hardcovers sold Now available for the first time in paperback! The Classic Text Annotated to Update Graham’s 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 HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.

Table of contents :
The Intelligent Investor – Front Cover
Title Page
Quotation from Virgil’s Aeneid
Preface, by Warren E. Buffett
A Note about Benjamin Graham, by Jason Zweig
Introduction: What This Book Expects to Accomplish
Commentary On The Introduction
Investment versus Speculation: Results to Be Expected by the Intelligent Investor
Commentary On Chapter 1
The Investor and Inflation
Commentary On Chapter 2
A Century of Stock-Market History: The Level of Stock Prices in Early 1972
Commentary On Chapter 3
General Portfolio Policy: The Defensive Investor
Commentary On Chapter 4
The Defensive Investor and Common Stocks
Commentary On Chapter 5
Portfolio Policy for the Enterprising Investor: Negative Approach
Commentary On Chapter 6
Portfolio Policy for the Enterprising Investor: The Positive Side
Commentary On Chapter 7
The Investor and Market Fluctuations
Commentary On Chapter 8
Investing in Investment Funds
Commentary On Chapter 9
The Investor and His Advisers
Commentary On Chapter 10
Security Analysis for the Lay Investor: General Approach
Commentary On Chapter 11
Things to Consider About Per-Share Earnings
Commentary On Chapter 12
A Comparison of Four Listed Companies
Commentary On Chapter 13
Stock Selection for the Defensive Investor
Commentary On Chapter 14
Stock Selection for the Enterprising Investor
Commentary On Chapter 15
Convertible Issues and Warrants
Commentary On Chapter 16
Four Extremely Instructive Case Histories
Commentary On Chapter 17
A Comparison of Eight Pairs of Companies
Commentary On Chapter 18
Shareholders and Managements: Dividend Policy
Commentary On Chapter 19
“Margin of Safety” as the Central Concept of Investment
Commentary On Chapter 20
Commentary on Postscript
The Superinvestors of Graham-and-Doddsville
Important Rules Concerning Taxability of Investment Income and Security Transactions (in 1972)
The Basics of Investment Taxation (Updated as of 2003)
The New Speculation in Common Stocks
A Case History: Aetna Maintenance Co.
Tax Accounting for NVF’s Acquisition of Sharon Steel Shares
Technological Companies as Investments
Acknowledgments from Jason Zweig
About the Authors
Perfectbound: About the Publisher
Rear Cover