I suppose it's dependent on the personal philosophy and nature of investors, but out of the highly recommend books on Amazon such as Common Stocks.., One up on Wall Street, Essays of Buffet, or A Random Walk..., the Intelligent Investor is probably my least favorite book.
I found the writing to be a bit obtuse. I think the reason many people found Graham's writing so clear is that in comparison to many business texts, it doesn't use fluffy business speak that's just too common. However, the writing is on the same level as reading an obscure manual on repairing televisions. It assumes a certain type of audience.
Undeniably, Graham's original examples are harder to relate to, because the mentioned companies don't have as much ring to them as say Zweig's examples. It's argued that the examples are timeless, so being outdated shouldn't matter. However, it's harder to see the timelessness if the reader can't relate to the companies. Zweig's commentary is very useful, because it takes an interpretive approach to modern examples helping to illustrate Graham's principles.
Despite my criticisms, I still have high respect for this book. Mr. Market, Margin of Safety, Intrinsic Value, Portfolio Allocation, and much more are lessons every reader should acquire from the book. Afterwards, the knowledge from such a text should help the reader develop a stronger investment strategy/philosophy.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Was this review helpful?