“The Intelligent Investor” by Benjamin Graham — the timeless classic of value investing

The Intelligent Investor is widely regarded as one of the most influential investment books ever written. First published in the mid-20th century, it remains a cornerstone of value investing, emphasizing long-term thinking, margin of safety, and rational decision-making.

Benjamin Graham clearly distinguishes investing from speculation, explaining how emotions, market cycles, and excessive optimism can lead to costly mistakes. Rather than offering quick-win strategies, the book focuses on discipline, patience, and evaluating businesses based on their intrinsic value.

The latest edition includes updated commentary by Jason Zweig, connecting Graham’s timeless principles with modern financial markets. This book is essential reading for both beginners and experienced investors seeking a structured, thoughtful approach to investing.