For April’s book of the month, we are changing lanes to one of the great classics, The Intelligent Investor by investing legend Benjamin Graham.
This classic is an in-depth view on value investing and goes into the details of Benjamin Graham’s philosophy on buying equities at a discount. The book takes a commonsense approach to invest in the markets, with the simple approach of not overpaying.
Though Graham’s words are closing in on 50 years of age, the latest edition of The Intelligent Investor is updated with commentary by Jason Zweig. He provides modern insights and examples while still using Graham’s same line of thinking.
The Intelligent Investor has stood the test of time, and its lessons are ever valuable in pricey markets. Here at the Nickel & Dime Decade, we highly recommend this classic.
Pros:
- One of the best guides you can purchase on value investing.
- In-depth case studies and examples of both successful and unsuccessful investments and how they fared over time.
- Investing advice from one of the greats, why not read it?
Cons
- This book is not a light read. Much of the in-depth analysis will make your head spin if you’re not prepared.
- The last revision was published in 1973, Graham’s advice can be seen as outdated.
