The Intelligent Investor CD [Abridged, Audiobook] [Audio CD]

Benjamin Graham (Author), Bill Mcgowan (Reader)

Book Description

Publication Date: May 3, 2005

The classic bestseller by Benjamin Graham, perhaps the greatest investment advisor of the Twentieth Century, The Intelligent Investor has taught and inspired hundreds of thousands of people worldwide. Since its original publication in 1949, Benjamin Graham's book has remained the most respected guide to investing, due to his timeless philosophy of "value investing," which helps protect investors against areas of (possible) substantial error and teaches them to develop long-term strategies which they will be comfortable with down the road.

Among this audio's special features are the use of numerous comparisons of pairs of common stocks to bring out their elements of strength and weakness and the construction of investment portfolios designed to meet specific requirements of quality and price attractiveness.

Read by Bill McGowan

Editorial Reviews

About the Author

Benjamin Graham (1894-1976), the father of value investing, has been an inspiration for many of today's most successful businesspeople. He is also the author of Securities Analysis and The Interpretation of Financial Statements.

From AudioFile

Published originally in 1949, the source book for this audio has been a bible for money managers who buy stocks for the long haul rather than timing the markets for quick gains. The abridgment is smooth as it unfolds financial principles clearly and without any sense of data overload. This crisp lesson on strategies will help listeners buy the right stocks at the right time--and hold them. Bill McGowan's lively reading offers enough engagement to make the recording truly enjoyable. His pacing is perfect as he transforms the stodgy financial language of the late fifties into interesting material. T.W. © AudioFile 2005, Portland, Maine-- Copyright © AudioFile, Portland, Maine

Product Details

• Audio CD
• Publisher: HarperAudio; Abridged edition (May 3, 2005)
• Language: English
• ISBN-10: 006079383X
• ISBN-13: 978-0060793838
• Product Dimensions: 5.5 x 5.2 x 0.4 inches
• Shipping Weight: 3.2 ounces (View shipping rates and policies)
• Average Customer Review: 3.8 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #248,639 in Books (See Top 100 in Books)
  • #28 in Books > Books on CD > Business > Personal Finance
  • #34 in Books > Books on CD > Business > Investing
  • #79 in Books > Books on CD > Business > Management

Customer Reviews

Most Helpful Customer Reviews

18 of 20 people found the following review helpful:

2.0 out of 5 stars Outdated. Buy a newer edition., April 17, 2007

By 

JP - See all my reviews

Amazon Verified Purchase

This review is from: The Intelligent Investor CD (Audio CD)

I am an eager reader of books on Warren Buffett's investing methods. I really want to like "The Intelligent Investor", but I don't. Unfortunately, Benjamin Graham did not write his books to be timeless. Instead, he wrote them specifically for the investing environments as they existed at the times of publication. This audiobook is of the 1972 edition of "The Intelligent Investor", and it reflects the investing environment of the early 1970's.

The story of Mr. Market and the principle of "a margin of safety" are important concepts contained in this book, but they can be found in other writings by and about Warren Buffett.

There is an updated edition of "The Intelligent Investor" by Jason Zweig. It was published in 2003. Hopefully that is better than the older, outdated editions. It is not (yet) available in audio format.

If you are looking for a good audiobook on Warren Buffett's investing methods, I highly recommend "How to Pick Stocks Like Warren Buffett" by Timothy Vick. The best book on Buffett's investing methods that I have read is "The New Buffettology" by Mary Buffett, but it is not available as an audiobook.

4 of 5 people found the following review helpful:

4.0 out of 5 stars Intelligent Investor CD, August 29, 2006

By 

J. Bradt - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: The Intelligent Investor CD (Audio CD)

Have the book and the CD. They work well together. The CD is great just after reading the book to hammer some of the big picture concepts. The CD is wonderful rush hour material to get you out of that rush hour driving sooner! It is worth the $$ to have both.

2.0 out of 5 stars Historic & overall basic investing info, November 23, 2011

By 

Boston_Cobra - See all my reviews

This review is from: The Intelligent Investor CD (Audio CD)

With this audiobook being a reading of an old text, the comparisons were mostly from the 1930's to the 1960s. The content would only be sufficient for someone very new to investing who could gain some general information. The speaker was over-dramatic and the overuse of conjunctive adverbs such as "thus", "therefore", "furthermore", etc. were annoying and detracted from the core material.

The following is a portion quoted from the audio towards the end which shows the level of information I'm referring to: "...basically, price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal. At other times, he will do better, if he forgets about the stock market, and pays attention to his dividend returns and to the operating results of his companies. The investor with a portfolio with sound stocks, should expect their prices to fluctuate, and should neither be concerned about sizable declines nor become excited by sizable advances. He should always remember that market quotations are there for his convenience either to be taken advantage of or to be ignored. He should never buy a stock because it has gone up or sell it because it has gone down."

Based on the title and description of the product, I was disappointed. I had expected more detailed core investment information and less rambling about outdated comparisons. This product states it's 'abridged', but I found it could have been shortened a good deal more.