The Intelligent Investor has ratings and reviews. Monica said: Benjamin Graham’s last line in The Intelligent Investor sums up the entire bo. Download Benjamin Graham – Intelligent : Intelligent Investieren () by Benjamin Graham and a great selection of similar New, Used and Collectible Books available now.
|Published (Last):||6 September 2008|
|PDF File Size:||18.79 Mb|
|ePub File Size:||8.54 Mb|
|Price:||Free* [*Free Regsitration Required]|
Price no more than 15x average earnings of the past 3 years Steady Eddies: It is definitely a must read for investors in stock markets. A company may be undervalued but you still need to make sure that there is no impact to the earnings and revenues.
Much of the book’s data is understandably stale, since it was first published in There are so many stupid mistakes like spelling mistakes and grammar mistakes. This is the man who taught Warren Buffett. Know what the company stands for. He teaches you how to make a business out of investing in the stock market by giving you important advice to remember.
The first 10 chapters were a drag. In investierwn, Graham had such an overwhelming influence on his students that two of traham, Buffett and Kahn, named their sons, Howard Graham Buffett and Thomas Graham Kahn, after him. The commentaries by Jason Zweig are particularly helpful because much of Graham’s language and experience are from over 50 years ago and Zweig helps the ‘student’ interpret and understand the material in the context of today.
It’s amazing that this book is still relevant after so many years. People criticize Graham for advocating market-timing, but really he advocates a form of dollar-cost-averaging, where one increasingly invests in companies that look objectively undervalued when the market goes down, and assuming one doesn’t hold forever divests slowly as the market goes up, if in one’s view one’s individual stocks become over-valued — he does not advocate investing or divesting simply intellgent the market goes down or up, intelliget always looks at individual companies.
I agree with Jon — this book is a must read for anyone that wants to take charge of their financial independence. Jan 07, S.
Apr 23, Aik Yong Heng rated it really liked it Shelves: Their main effort is to assure themselves of intelligfnt substantial margin of indicated present value above the market price 0 which margin could absorb unfavorable developments in the future.
Would this book help me prevent me from hiring a financial advisor? Hey, remember in the 80s when Apple seemed all but dead? By reading both texts, the ideas and concepts are in definite granam of any reader.
Jan 22, Joseph rated it really liked it. Probably one of my favorite investing books.
Intelligent Investieren : Der Bestseller über die richtige Anlagestrategie
I highly recommend that you read this book for yourself and apply some of its principles to your financial investments. This is an amazing book. Every day the market also presents us new one-time events that could make us money. The idea is that even if a stock looks cheap on paper, you still can get screwed by the irrational Mr.
I learned some key’s to determining the value of stocks and to buy stocks with a margin of safety relative to other stocks. Anklis, and Walter J. Maybe I’m more interested than intelligetn, but for me, it was a page turner. Intelligentt are still value plays out there if you look for them.
Intelligent Investieren : Benjamin Graham :
No investjeren deficit in the past 10 years 5. A cynic once told GK Chesterton, the British novelist and essayist: It continues to blow me away; the amount of success-related knowledge that is available to us for the learning. Market has dropped and they’ve been pulled down.
Buffett, who credits Graham as grounding him with a sound intellectual investment framework, described him as the second most influential person in his life after his own father. This is a great book to give a foundation to manage your own investments, even if you don’t want to do anything but know where to put your money and leave it there until you retire.
Benjamin Graham – Intelligent Investieren.pdf
Just a moment while we sign you in to your Goodreads account. This is a book that has been on my reading list for a while – as The reference in the investment field from a fundamental analysis perspective. View all 9 comments. Nov 09, David rated it really liked intelligeht Shelves: