Benjamin Graham is referred to as the “father of value-investing” and this book contains his core principles and learnings. A staunch critic of the consensus mentality, Graham preferred to look for stocks that were trading at a steep discount to their intrinsic value rather than popular stocks which had become overpriced through hype and irrational greed. Not only does this book outline Graham’s common stock philosophy, it touches on how to set up your portfolio based on wealth and risk profile. How much should I hold in equity? How much in bonds? How much in cash? Should I try to beat the market or put my money in a passive index tracking fund? All these questions and more are answered by Graham in this book. If you are serious about finance and creating wealth for yourself, you will read it.
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