Title: The Intelligent Investor
Author: Benjamin Graham
ISBN: 9780062312686
Genre: Finance, Investment
Publication: Harper Business
Language: English
Format: Paperback
Pages: 623 pages
Description: "The Intelligent Investor" by Benjamin Graham is widely regarded as one of the most influential books on investing and financial management ever written. Originally published in 1949, this classic work offers timeless wisdom and principles for both novice and experienced investors.
Benjamin Graham, often referred to as the "father of value investing," presents his investment philosophy and strategies in a comprehensive and accessible manner. The book emphasizes the importance of rational, disciplined, and long-term investing, providing readers with the tools to make informed financial decisions.
Key topics covered in "The Intelligent Investor" include:
1. Value Investing: Graham introduces the concept of value investing, which involves analyzing stocks to find those trading at prices significantly below their intrinsic value. This approach aims to minimize risk while maximizing returns.
2. Margin of Safety: Graham emphasizes the importance of a margin of safety, which means buying investments with a margin for error to protect against unforeseen risks and market fluctuations.
3. Market Psychology: The book delves into the psychology of investors and how emotions can lead to irrational behavior. Graham advises investors to remain disciplined and unemotional in their decision-making.
4. Defensive vs. Enterprising Investors: Graham distinguishes between defensive investors (those seeking safety and willing to accept lower returns) and enterprising investors (those willing to put in more effort and take on more risk for potentially higher returns).
5. The Mr. Market Analogy: Graham uses the metaphor of Mr. Market, an unpredictable and often irrational business partner, to illustrate the volatility of stock market prices and how investors should respond.
"The Intelligent Investor" has been praised for its timeless principles and remains relevant for investors of all levels. It has had a profound impact on the investment community and has inspired countless individuals to adopt a more prudent and value-driven approach to investing.
Whether you are a seasoned investor or just beginning your investment journey, Benjamin Graham's insights in this book can help you build a solid foundation for successful, long-term investing.
Established on October 29, 2019, LalNepal is an emerging online marketplace, with an aim of offering best-in-class quality online shopping experience to users. LalNepal sought to link a wide assortment of consumer electronics, fashion, and beauty products, alongside a rapidly growing miscellany of general merchandise. What sets LalNepal from other online market place is its focus to bring on International High-end branded products namely Gucci, Armani, Mac, Channel, Louis Vuitton, and Ralph Lauren among others. Furthermore; the Company also has embedded a classified marketplace shopping availability which sums all range of shopping experiences to its customers. LalNepal privileges the personalization and security of the shoppers’ experience as the topmost priority. Excellent value for money, a large assortment of original products, fast delivery, and easy returns are what the Company has been founding its principle upon. LalNepal as its future goal sees itself to be one of the fastest-growing e-commerce platforms in Nepal offering an unparalleled shopping experience in the comfort of a customer’s home. In LalNepal, users can enjoy convenient and hassle-free shopping without stepping out of the house. LalNepal promises to take customers’ style statements to a whole new level offering a wide variety of products and brands. Customers can also rejuvenate their houses by buying home appliances. Customers will get to avail of delivery right to their doorstep with easy payment methods. Whether you reside in small towns of Nepal or major cities, you can easily get your desired products delivered to your doorstep.