Buy new:
$14.29
List Price: $24.99 Details
Save: $10.70 (43%)
Get Fast, Free Shipping with Amazon Prime & FREE Returns
Return this item for free
  • Free returns are available for the shipping address you chose. You can return the item for any reason in new and unused condition: no shipping charges
  • Learn more about free returns.
How to return the item?
FREE delivery:
Get free shipping
Free 5-8 day shipping within the U.S. when you order $25.00 of eligible items sold or fulfilled by Amazon.
Or get 4-5 business-day shipping on this item for $5.99 . (Prices may vary for AK and HI.)
Learn more about free shipping
Sunday, May 16 on orders over $25.00 shipped by Amazon. Details
Fastest delivery: Thursday, May 13
Order within 1 hr and 16 mins
Details
In Stock.
As an alternative, the Kindle eBook is available now and can be read on any device with the free Kindle app. Want to listen? Try Audible.
$$14.29 () Includes selected options. Includes initial monthly payment and selected options. Details
Price
Subtotal
$$14.29
Subtotal
Initial payment breakdown
Shipping cost, delivery date, and order total (including tax) shown at checkout.
Your transaction is secure
We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Learn more
Ships from Amazon.com
Sold by Amazon.com
Ships from
Amazon.com
Sold by
Amazon.com
Return policy: This item is returnable
In most cases, items shipped from Amazon.com may be returned for a full refund.
The Intelligent Investor:... has been added to your Cart
<Embed>
Other Sellers on Amazon
$14.50
+ $3.99 shipping
Sold by: books4traders
$18.64
+ $3.99 shipping
Sold by: DTCompanyBooks&More
$23.40
+ Free Shipping
Sold by: Publisher Direct
Have one to sell?
Loading your book clubs
There was a problem loading your book clubs. Please try again.
Not in a club? Learn more
Amazon book clubs early access

Join or create book clubs

Choose books together

Track your books
Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free.
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more

Follow the Authors

Something went wrong. Please try your request again later.


The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) Paperback – Bargain Price, February 21, 2006

4.7 out of 5 stars 23,562 ratings
Part of: Collins Business Essentials (15 Books)

See all formats and editions Hide other formats and editions
Price
New from Used from
Kindle
Paperback, Bargain Price
$14.29
$14.29 $11.54

Enhance your purchase

Great on Kindle
Great Experience. Great Value.
iphone with kindle app
Putting our best book forward
Each Great on Kindle book offers a great reading experience, at a better value than print to keep your wallet happy.

Explore your book, then jump right back to where you left off with Page Flip.

View high quality images that let you zoom in to take a closer look.

Enjoy features only possible in digital – start reading right away, carry your library with you, adjust the font, create shareable notes and highlights, and more.

Discover additional details about the events, people, and places in your book, with Wikipedia integration.

Get the free Kindle app: Link to the kindle app page Link to the kindle app page
Enjoy a great reading experience when you buy the Kindle edition of this book. Learn more about Great on Kindle, available in select categories.

Inspire a love of reading with Amazon Book Box for Kids
Discover delightful children's books with Amazon Book Box, a subscription that delivers new books every 1, 2, or 3 months — new Amazon Book Box Prime customers receive 15% off your first box. Sign up now

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
    Apple
  • Android
    Android
  • Windows Phone
    Windows Phone
  • Click here to download from Amazon appstore
    Android

To get the free app, enter your mobile phone number.

kcpAppSendButton

Frequently bought together

  • The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
  • +
  • A Beginner's Guide to the Stock Market: Everything You Need to Start Making Money Today
  • +
  • The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books, Big Profits)
Total price: $35.27
Buy the selected items together

Special offers and product promotions

Editorial Reviews

Amazon.com Review

Among the library of investment books promising no-fail strategies for riches, Benjamin Graham's classic, The Intelligent Investor, offers no guarantees or gimmicks but overflows with the wisdom at the core of all good portfolio management.

The hallmark of Graham's philosophy is not profit maximization but loss minimization. In this respect, The Intelligent Investor is a book for true investors, not speculators or day traders. He provides, "in a form suitable for the laymen, guidance in adoption and execution of an investment policy" (1). This policy is inherently for the longer term and requires a commitment of effort. Where the speculator follows market trends, the investor uses discipline, research, and his analytical ability to make unpopular but sound investments in bargains relative to current asset value. Graham coaches the investor to develop a rational plan for buying stocks and bonds, and he argues that this plan must be a bulwark against emotional behavior that will always be tempting during abrupt bull and bear markets.

Since it was first published in 1949, Graham's investment guide has sold over a million copies and has been praised by such luminaries as Warren E. Buffet as "the best book on investing ever written." These accolades are well deserved. In its new form--with commentary on each chapter and extensive footnotes prepared by senior Money editor, Jason Zweig--the classic is now updated in light of changes in investment vehicles and market activities since 1972. What remains is a better book. Graham's sage advice, analytical guides, and cautionary tales are still valid for the contemporary investor, and Zweig's commentaries demonstrate the relevance of Graham's principles in light of 1990s and early twenty-first century market trends. --Patrick O'Kelley

Review

“The wider Mr. Graham’s gospel spreads, the more fairly the market will deal with its public.” -- Barron's

“If you read just one book on investing during your lifetime, make it this one” -- Fortune

“By far the best book on investing ever written.” -- Warren Buffett

Yo-Yo Ma: Beginner's Mind
Hear an icon's life story, timeless music, and message. Listen free

Product details

  • ASIN : 0060555661
  • Publisher : Harper Business; Revised ed. edition (February 21, 2006)
  • Language : English
  • Paperback : 640 pages
  • ISBN-10 : 9780060555665
  • Item Weight : 1.06 pounds
  • Dimensions : 5.31 x 1.6 x 8 inches
  • Customer Reviews:
    4.7 out of 5 stars 23,562 ratings

Customer reviews

4.7 out of 5 stars
4.7 out of 5
23,562 global ratings
How are ratings calculated?

Top reviews from the United States

Reviewed in the United States on August 18, 2018
Verified Purchase
957 people found this helpful
Report abuse
Reviewed in the United States on December 29, 2017
Verified Purchase
307 people found this helpful
Report abuse
Reviewed in the United States on June 21, 2016
Verified Purchase
Customer image
5.0 out of 5 stars Buy stocks as groceries, not as jewelry.
By Alex on June 21, 2016
Edition: I found commentary very useful (though often distracting). If you are not a professional - you'll appreciate the commentaries and epilogue - read it first? It's very inspiring.

Book: "You either get the idea in the first five minutes, or you don't get it at all", commented Warren Buffet in the epilogue. I would add - you don't necessarily need to read all 550 pages, but you must read through the idea of value investing - and it will change your way of looking at the world. I always felt confused and amazed by listening to all the ridiculous fuzz that comes from the Wall Street through TV and the internet. The book explains why.

Several rules of thumbs I noted into my keep:
- Investor buys the business [based on its price/value], speculator buys the stock [based on an absurd believe that he can foresee where the stock price will go].
- The best way to earn adequate return without any trouble whatsoever is to invest into cheap (low maintenance cost) indexes; use dollar averaging (buy every month instead of once at a random point of time) for smoothing the luck involved.
- For enterprising investor (willing to spend much more time), look for a diversified list of bargain issues (at least 30 issues, business values (i.e. net current asset and other related metrics) is below market cap)
- During the bubble, hot industries and companies are getting overpriced. That could only be financed from somewhere. Partially that money are coming from well established old economy companies that lose the appeal. Thus, invest in such old economy companies while bubble grows, as soon as the bubble burst - undervalued companies would rise back.
- Don't ever buy IPOs! (See chapter for compelling arguments)
- Don't consider companies that do not pay dividends. Dividends - money firm pays you for providing capital, they belong to you. They cut a piece for reinvestment - payout ratio. If firm doesn't pay dividends - invest all into growth so you could profit later - that's a speculation. Moreover stock price would be more volatile because it should now rely on future rather than current prospects.
- When gambling - bet on a single chip to maximize the payoff (roulette $1 to $35 payoff at 1/37 chance). When investing - diversify: each investment must have a margin of safety, the more diversified portfolio - the less likely that all will fail. You are a roulette house now who earns with each turn of the wheel.
Images in this review
Customer image Customer image
Customer imageCustomer image
1,236 people found this helpful
Report abuse
Reviewed in the United States on May 1, 2017
Verified Purchase
270 people found this helpful
Report abuse
Reviewed in the United States on July 11, 2016
Verified Purchase
Customer image
2.0 out of 5 stars Don't buy the Kindle edition
By Amazon Customer on July 11, 2016
No complaints of the book itself, but the Kindle edition of it is bad. The book has a number of tables in it: they are all rotated 90 degrees and in such a low resolution that they are basically just unreadable pixels.
Images in this review
Customer image
Customer image
895 people found this helpful
Report abuse
Reviewed in the United States on October 20, 2017
Verified Purchase
173 people found this helpful
Report abuse
Reviewed in the United States on January 31, 2019
Verified Purchase
96 people found this helpful
Report abuse

Top reviews from other countries

BhaveshB.O.T™
4.0 out of 5 stars 🔴#1 HONEST(Unbiased) REVIEW of The Intelligent Investor "Investment Book For Lifetime"
Reviewed in India on May 30, 2019
Verified Purchase
Customer image
4.0 out of 5 stars 🔴#1 HONEST(Unbiased) REVIEW of The Intelligent Investor "Investment Book For Lifetime"
Reviewed in India on May 30, 2019
*Edition: I found commentary very useful (though often distracting). If you are not a professional - you'll appreciate the commentaries and epilogue - read it first? It's very inspiring.

*Book: "You either get the idea in the first five minutes, or you don't get it at all", said Warren Buffet in the epilogue.
- I would add - you don't necessarily need to read all 550 pages, but you must read through the idea of value investing - and it will change your way of looking at the world.
- I always felt confused and amazed by listening to all the ridiculous fuzz that comes from the Wall Street through TV and the internet. The book explains why.

🔴Several rules I noted into my keep:
፨ - Investor buys the business [based on its price/value], speculator buys the stock [based on an absurd believe that he can foresee where the stock price will go].
፨ - The best way to earn adequate return without any trouble whatsoever is to invest into cheap (low maintenance cost) indexes; use dollar averaging (buy every month instead of once at a random point of time) for smoothing the luck involved.
፨ - For enterprising investor (willing to spend much more time), look for a diversified list of bargain issues (at least 30 issues, business values (i.e. net current asset and other related metrics) is below market cap)
፨ - During the bubble, hot industries and companies are getting overpriced. That could only be financed from somewhere. Partially that money are coming from well established old economy companies that lose the appeal. Thus, invest in such old economy companies while bubble grows, as soon as the bubble burst - undervalued companies would rise back.
፨ - Don't ever buy IPOs! (See chapter for compelling arguments)
፨ - Don't consider companies that do not pay dividends. Dividends - money firm pays you for providing capital, they belong to you. They cut a piece for reinvestment - payout ratio. If firm doesn't pay dividends - invest all into growth so you could profit later - that's a speculation. Moreover stock price would be more volatile because it should now rely on future rather than current prospects.

The Intelligent Investor, by Benjamin Graham, is probably the most important and influential value investing book ever written even Warren Buffet described it as “by far the best book ever written on investing”.

፨ If you could only buy one investment book in your lifetime, this would probably be the one.
፨ It had been 6 months since I last read The Intelligent Investor. I have enjoyed my personal “refresher course” in value investing.

🔴Objective of The Intelligent Investor Book
፨ Benjamin Graham’s objective was to provide an investment policy book for the ordinary investor.
፨ He succeeded in putting seemingly hard concepts into terms that could be understood and, more importantly, implemented by the average investor.
፨ The typical investor has a tendency to “follow the market” when they should be employing portfolio risk management strategies. Instead, Graham gives us an alternative based on fundamental stock analysis.

፨ The goal is to learn how to avoid the pitfalls of allowing our emotions to control our investment decisions. Rather, Graham provides the foundation for making businesslike decisions.

🔴The Intelligent Investor puts special emphasis on teaching:
1. Risk management through asset allocation and diversification.
2. Maximizing probabilities through valuations analysis and margin of safety.
3. A disciplined approach that will prevent consequential errors to a portfolio.

🔴If you have any Doubt regarding this Review or this Product, then Feel Free to Contact me or Just ask me by commenting below.I Hope this Review was Helpful.Write reviews, help others, happy shopping.
Thank You for Reading this Review.
-●➽ʙʜᴀᴠᴇsʜ ʙ.ᴏ.ᴛ 🔥
Images in this review
Customer image Customer image Customer image Customer image
Customer imageCustomer imageCustomer imageCustomer image
1,297 people found this helpful
Report abuse
B.Sudhakar Shenoy
5.0 out of 5 stars Investing is more a matter of ‘character’ than ‘brain’
Reviewed in India on August 14, 2018
Verified Purchase
522 people found this helpful
Report abuse
Indranil Dey
5.0 out of 5 stars paper quality all of this book is very good.
Reviewed in India on November 17, 2017
Verified Purchase
Customer image
5.0 out of 5 stars paper quality all of this book is very good.
Reviewed in India on November 17, 2017
Little hard to understand for beginners. Otherwise this book is a jewel of investing.
Printing, font size, paper quality all of this book is very good.
Images in this review
Customer image Customer image
Customer imageCustomer image
236 people found this helpful
Report abuse
Amazon Customer
5.0 out of 5 stars A great read for a 28-year-old
Reviewed in Canada on February 10, 2018
Verified Purchase
173 people found this helpful
Report abuse
Matt Bourne
4.0 out of 5 stars A must for anyone curious about investing...
Reviewed in the United Kingdom on September 20, 2018
Verified Purchase
80 people found this helpful
Report abuse