Financial Management

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Financial Management

(5 customer reviews)

$13.80

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Description

Among the library of investment books promising no-fail strategies for riches, Benjamin Graham’s classic, The Intelligent Investor, offers no guarantees or gimmicks but overflows with the wisdom at the core of all good portfolio management.

 

The hallmark of Graham’s philosophy is not profit maximization but loss minimization. In this respect, The Intelligent Investor is a book for true investors, not speculators or day traders. He provides, “in a form suitable for the laymen, guidance in adoption and execution of an investment policy” (1). This policy is inherently for the longer term and requires a commitment of effort. Where the speculator follows market trends, the investor uses discipline, research, and his analytical ability to make unpopular but sound investments in bargains relative to current asset value.

Graham coaches the investor to develop a rational plan for buying stocks and bonds, and he argues that this plan must be a bulwark against emotional behavior that will always be tempting during abrupt bull and bear markets.

5 reviews for Financial Management

  1. student

    Perfect Hoodie for a Ninja!

  2. Coen Jacobs

    I have lots of hoodies, but none is as cool as this one!

  3. Dan

    I love hoodies, and ninjas, so what could be better than a ninja hoodie? Not much, if you ask me!

  4. Ryan

    This is the most bombastic hoodie in this shop, it’s soft and has the sly WooThemes ninja on it. Why wouldn’t you buy this?

  5. Maria

    This only gets 1 star because I don’t have this yet. I want it now!

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