The Intelligent Investor is the classic text that Warren Buffett once referred to as the best book about investing ever written. For a paperback, it’s a bit long (i.e., over 600 pages), but it clearly explains Benjamin Graham’s philosophy on value investing. That philosophy emphasizes the minimization of occasional market losses that might occur over the long term (e.g., during ‘market corrections’), which requires investors to use emotional discipline, in-depth research, and an analytical mindset to make sound investments in securities that are bargains relative to their current asset values.
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Contributor: Timothy Wiedman from Doane College