Letters by Topic
Letters on The Intelligent Investor
An investor who uses reason and discipline to exploit market irrationality, rather than being controlled by emotion.
1977·Endorsing Graham's masterwork as the foundation of value investing
Benjamin Graham's The Intelligent Investor is the best book on investing ever written.
2006·On the intellectual foundation of rational investing
Ben Graham believed that the intelligent investor is one who uses reason, not emotion, to make investment decisions.
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The Intelligent Investor is one of the ideas behind the ValueOS tools. See it applied to real companies.