The Intelligent Investor
"Basically, price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal."
— Benjamin Graham, The Intelligent Investor (1949)
Introduction
| The Intelligent Investor | |
|---|---|
| Full title | The Intelligent Investor: A Book of Practical Counsel |
| Author | Benjamin Graham |
| Language | English |
| Subject | Value investing; Investment |
| Genre | Nonfiction; Finance |
| Publisher | Harper & Brothers |
| Publication place | United States |
| Media type | Print (hardcover, paperback); e-book; audiobook |
| Pages | 276 |
| Website | harpercollins.com |
Chapter summary
This outline follows the HarperBusiness Essentials revised edition (2003; ISBN 0-06-055566-1).[1] Chapter titles reflect the publisher-authorized e-book table of contents.[2] For first-edition bibliographic details (Harper & Brothers, New York, 1949; xii + 276 pp.), see WorldCat.[3][4]
🧭 1 – Investment versus Speculation: Results to Be Expected by the Intelligent Investor.
🌡️ 2 – The Investor and Inflation.
🗓️ 3 – A Century of Stock-Market History: The Level of Stock Prices in Early 1972.
🛡️ 4 – General Portfolio Policy: The Defensive Investor.
📊 5 – The Defensive Investor and Common Stocks.
⛔ 6 – Portfolio Policy for the Enterprising Investor: Negative Approach.
✅ 7 – Portfolio Policy for the Enterprising Investor: The Positive Side.
🎢 8 – The Investor and Market Fluctuations.
🧺 9 – Investing in Investment Funds.
🧑💼 10 – The Investor and His Advisers.
🔎 11 – Security Analysis for the Lay Investor: General Approach.
🧮 12 – Things to Consider About Per-Share Earnings.
⚖️ 13 – A Comparison of Four Listed Companies.
🧱 14 – Stock Selection for the Defensive Investor.
🚀 15 – Stock Selection for the Enterprising Investor.
🔄 16 – Convertible Issues and Warrants.
📚 17 – Four Extremely Instructive Case Histories.
👥 18 – A Comparison of Eight Pairs of Companies.
💸 19 – Shareholders and Managements: Dividend Policy.
🛟 20 – “Margin of Safety” as the Central Concept of Investment.
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References
- ↑ "The intelligent investor : a book of practical counsel". WorldCat. OCLC. Retrieved 8 November 2025.
- ↑ "Contents – The Intelligent Investor, Rev. Ed". O’Reilly. O’Reilly Media. Retrieved 8 November 2025.
- ↑ "The intelligent investor, a book of practical counsel". WorldCat. OCLC. Retrieved 8 November 2025.
- ↑ "The Intelligent Investor: a book of practical counsel". WorldCat. OCLC. Retrieved 8 November 2025.