One book I’ve had sitting on my shelf for more than a year, intending to eventually review it, is Benjamin Graham’s The Intelligent Investor.
This is perhaps the most important investing book in the past hundred years, and its importance is made clear in this quote from Warren Buffett from the preface: “I read the first edition of this book early in 1950, when I was nineteen. I thought then that it was by far the best book about investing ever written. I still think it is.”
The problem is that this book has so much meat worth discussing that every time I tried to start writing a review of it, it simply got out of hand. I’d want to write several paragraphs about each chapter in the book, which would result in an incredibly long post, one that would probably be so long as to not be worth reading.
So what’s the solution? I’ve decided to review/discuss the book in a serial format, a chapter at a time. Each Friday morning, starting next Friday, October 10, I’m going to initiate a discussion of a chapter of The Intelligent Investor, with the goal of making it interesting to everyone.
I’m going to be using the HarperBusiness Essentials revised edition with commentary from Jason Zweig that can be found in libraries and bookstores everywhere. You can read along if you’d like, or just stick around for the commentaries.
Next Friday, I’ll start with the introduction – pages 1 through 17.
I hope this will be a lot of fun.
Now, for some personal finance articles.
Behind the ‘We Deserve It Dividend’ Hoopla I’ve received this absurd email forward from a few people and considered writing a debunking of it. Thankfully, Karen Datko over at Smart Spending already did it quite well. (@ smart spending)
Could Tithing Lead Some Americans to Lose Their Homes? I think when many people think about tithing, they think only of money. One can (and should) tithe their time as well – or give their time in lieu of their money if they are in a serious pinch. (@ get rich slowly)
Six Ways to Get Intense About Your Money and Finances I have to agree with #1 (read personal finance blogs). Not only are there a lot of interesting ideas out there floating around, but the repetition of the fundamentals helps, too. (@ prime time money)