In the second part, Graham discusses general portfolio policy and the importance of diversification in investing. He emphasizes the importance of understanding the difference between speculation and investment, and the dangers of trying to time the market. The book is divided into four parts: the “nature of the stock market,” “general portfolio policy,” “the defensive investor,” and “the enterprising investor.” In the first part, Graham provides an overview of the stock market and the various types of investors that participate in it. The book provides a comprehensive guide to value investing and is filled with practical advice and insights that are still relevant today. First published in 1949, the book has stood the test of time and remains a must-read for any serious investor. “The Intelligent Investor” by Benjamin Graham is widely considered a classic in the field of investment.
0 Comments
Leave a Reply. |