The Intelligent Investor
"An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."
— 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.