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    The Intelligent Investor Summary
    The Intelligent Investor Summary
    The Intelligent Investor Summary
    Ebook39 pages29 minutes

    The Intelligent Investor Summary

    By Summary Station

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    About this ebook

    Find Out About The Psychology Of Investing In A Fraction Of The Time It Takes To Read The Actual Book!!!

    This book announces early on that its purpose is to help an average person adopt and carry out an investment policy. Rather than focusing on analyzing securities, the book devotes itself to explaining investment principles and attitudes. Its history of republication and new editions certainly secures its place as a worthwhile read for any serious investor. The fourth edition preface by Warren Buffett, in which he claims that this is the best investment book he has read, does not hurt either.
    In the introduction, Benjamin Graham explains that the book presents principles for intelligent investing while warning that there are no foolproof ways to make money. He names two types of investors: the defensive and the enterprising. The defensive investor is passive; his chief purpose is to avoid making serious mistakes or losses while also putting in less effort and making less frequent decisions. The enterprising investor is active or even aggressive; he is more than willing to devote time and energy to selecting securities that are stable and more attractive than average. Graham explains that the enterprising investor may expect better returns for his extra effort over the course of a few decades, but Graham doubts that substantial gain is guaranteed for that investor. He also details examples of how investment professionals, the experts, can and have been wrong. For instance, many investment companies favored airline stocks because they foresaw the number of travelers rising; the premise for their faith in these stocks was true--the number of frequent fliers did rise. However, the airlines themselves struggled to be profitable. A the same time, many of those investing professionals realized that computers would become ubiquitous for businesses at least, but they were not certain of this growth in this field, so they limited their investments in computer companies and did not necessarily privilege the one computer company that heavily paid off its investors, which was IBM. These examples lead Graham to naming two morals: that obviously good prospects for growth in a business do not translate into obvious profit for the investors, and that the experts do not have dependable methods of selecting the most promising companies in the most promising fields. This first moral; that obviously good growth prospects do not translate into obvious profit, needs further explanation. If most investors are expecting massive growth in one industry, than that industry would seem like the obvious one to invest in, but the prices for its stocks have already increased from so many people buying it, that its future returns must go down. A stock becomes more risky as its price goes up and less risky as its price drops.

    Here Is A Preview Of What You'll Learn When You Download Your Copy Today

    •Learn How Companies Change Financial Records To Mislead Investors

    •Learn Why Warren Buffet Considers This Book To Be One Of The Most Important Investing Guides

    •Learn About Why You Should Not Focus On A Single Year Of Earnings When Researching Business Investments

    •Learn About How To Have The Correct Mindset Or Psychology To Make A Successful Investment

    LanguageEnglish
    PublisherSummary Station
    Release dateSep 4, 2016
    ISBN9781370347360
    The Intelligent Investor Summary
    Author

    Summary Station

    Many great books are released every year and most avid readers know that they may never have time to read all of the books on their list. In today’s world, many people do not get as much time to read as they would like, so it is important to use any reading time wisely. The problem with this is that it can be very difficult to know if a book is worth reading until you have already invested some time into reading it. This is one of the many reasons that Summary Station was created. The staff at Summary Station wants to provide readers with a way to get a good idea of a book before they invest their time and money into reading it. We make sure to provide you with as much information about a book as we possibly can. With Summary Station you can be assured that you will not only get a quality summary of a featured book, but you will also receive valuable information and analysis. The themes and characters are discussed in each summary as well as a brief review of the featured book. Even if you know you are going to definitely read a book, it will give you a big advantage in understanding the book if you explore one of our excellent summaries first.

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      Book preview

      The Intelligent Investor Summary - Summary Station

      Summary and Analysis of The Intelligent Investor

      By Summary Station

      Copyright © 2015 by Summary Station

      All rights reserved. This book or any portion thereof

      may not be reproduced or used in any manner whatsoever

      without the express written permission of the publisher

      except for the use of brief quotations in a book review.

      Printed in the United States of America

      First Printing, 2015

      Smashwords Edition

      Table of Contents

      Summary of The Intelligent Investor

      Introduction

      Chapter 1

      Chapter 2

      Chapter 3

      Chapter 4

      Chapter 5

      Chapter 6

      Chapter 7

      Chapter 8

      Chapter 9

      Chapter 10

      Chapter 11

      Chapter 12

      Chapter 13

      Chapter 14

      Chapter 15

      Chapter 16

      Chapter 17

      Chapter 18

      Chapter 19

      Chapter 20

      Appendixes

      Analysis of The Intelligent Investor

      Thanks for Reading

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      Summary of The Intelligent Investor

      Introduction

      This book announces early on that its purpose is to help an average person adopt and carry out an investment policy. Rather than focusing on analyzing securities, the book devotes itself to explaining investment principles and attitudes. Its history of republication and new editions certainly secures its place as a worthwhile read for any serious investor. The fourth edition preface by Warren Buffett, in which he claims that this is the best investment book he has read, does not hurt either.

      In the introduction, Benjamin Graham explains that the book presents principles for intelligent investing while warning that there are no foolproof ways to make money. He names two types of investors: the defensive and the enterprising. The defensive investor is passive;

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