The Intelligent Investor

"The Intelligent Investor," written by Benjamin Graham, is a foundational book on value investing. It emphasizes the importance of a disciplined approach to investing, focusing on long-term profit rather than short-term gains. Graham advocates for thorough research, understanding intrinsic value, and maintaining a margin of safety to minimize risk. He contrasts "investing" with "speculating," urging investors to analyze companies’ fundamentals. The book offers timeless principles that encourage patience, emotional resilience, and a rational mindset when navigating financial markets, making it essential reading for anyone looking to build wealth wisely.