Here's the next item I wanted to cover from Kiplinger's "The Best List" (November issue.) Today, we're highlighting the best investing book of all time:
The Best Investing Book of All Time: The Intelligent Investor
Before Benjamin Graham, stock investing was about as scientific as astrology. Graham, who died in 1976, pioneered security analysis and propounded the notion that a stock's price should have some connection to the underlying company's actual worth. He condensed his vast knowledge into The Intelligent Investor, a book first published in 1949. Among his timeless suggestions: Seek to buy a stock at a price that is well below the company's intrinsic value. The Intelligent Investor dispenses timeless advice for less than $20. Now that's a good value.
I haven't read the book for quite some time, but I do remember it being "good." However, I'd say that The Bogleheads' Guide to Investing is more where I'm at in my investing style and I'd rate it just as good as this "classic."
Then again, it's hard to argue with the teacher/book that gave us Warren Buffett.
For more on making the most of your investments, see Best of Free Money Finance: Investment Posts.
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