Comments on: The Intelligent Investor: A Negative Approach to Portfolio Policy for the Enterprising Investor http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/ Financial talk for the rest of us Sat, 16 Feb 2013 01:14:45 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: WeSeed Writer http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424382 WeSeed Writer Fri, 21 Nov 2008 22:03:28 +0000 http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424382 You can almost hear Warren Buffett in this chapter. I love how often Graham tells the reader that most people should NOT be investing in individual stocks. How often does a book about stock investing tell you that? That’s when you know they have your best interests at heart…

This book is the best.

]]> By: Des http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424298 Des Fri, 21 Nov 2008 17:08:14 +0000 http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424298 Its weird that Zweig says day trading would be viable if trades were free. Zecco offers free trades, but I’m not sure that makes day trading altogether that much safer.

]]> By: Todd http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424279 Todd Fri, 21 Nov 2008 16:23:34 +0000 http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424279 I have read the intelligent investor twice and it is an excellent book. I am currently reading the new edition of Security Analysis. I believe these books still have a great deal of value, despite being hyped exhaustively. However, I think for a more modern view, Value Investing by Bruce Greenwald and You can be a stock market genius (I know – terrible title) by Joel Greenblatt are two of the best books on value investing.

Greenblatt focuses on market instances where individuals have an advantage over institutional investors, primarily a special situation investing book. He covers mergers, spinoffs, bankruptcies, etc.

GreenWALD’s book is really just a good overview of the current landscape of value investing.

If value investing really interests you, check these books out after the graham books. Of course there are dozens more – Seth Klarman’s incredibly expensive and out of print Margin of Safety, Mohnish Pabrai’s books, one billion books about Warren Buffet and his investing strategy, books by and about Marty Whitman – you get the point. I would start with Greenwald (chair of value investing program at Columbia) and work backward from there.

]]> By: Kristen at The Frugal Girl http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424270 Kristen at The Frugal Girl Fri, 21 Nov 2008 16:03:16 +0000 http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424270 Canada seems to fly under the radar all the time, Joel. It’s weird…Canada is hardly ever mentioned in the news media either.

]]> By: Joel http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424265 Joel Fri, 21 Nov 2008 15:51:08 +0000 http://www.thesimpledollar.com/2008/11/21/the-intelligent-investor-a-negative-approach-to-portfolio-policy-for-the-enterprising-investor/#comment-424265 Bah! Canadian bonds didn’t even get a mention. The only country in the G7 that has a balanced budget, has avoided a recession and the last safe haven with a securely regulated financial sector.

The surprise is there’s no discussion of currency fluctuations – a bigger unknown than any of the risks mentioned.

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