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The Best Investment Book

September 11th, 2015 at 05:23 am

In almost every field, there is constant progress. Very few psychologists today use a strict Freudian approach to psychotherapy for example. But there is one field where the guy who really invented it hasn't been improved on very much. That field is investing. In 1934 Benjamin Graham wrote his seminal book on investing called "Securities Analysis". But it's pretty unapproachable for the average person. So in 1949, he wrote a book for non-professionals called "The Intelligent Investor". The book has been updated and revised many times to reflect the current environment. But the principles are exactly the same. Who was Ben Graham? He was the mentor of one of the richest men in the world, Warren Buffett. Buffett to this day still uses the principles taught him by Graham to choose his investments. Buffett calls "The Intelligent Investor" the best book on investing ever written. If you want to do your own investing, or just have a handle on the most practical investment philosophy, I'd start with "The Intelligent Investor".

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