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The Classic Text Annotated to Update Graham's Timeless Wisdom for Today's Market Conditions

The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing"—which shields investors from substantial error and teaches them to develop long-term strategies— has made The Intelligent Investor the stock market bible ever since its original publication in 1949.

Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.

Vital and indispensable, this Collins Business Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.

"Fully conveys the basic principles of [Graham's] enormously successful and popular approach to investing." —Money magazine

BENJAMIN GRAHAM (1894—1976), the father of value investing, has been an inspiration for many of today's most successful businesspeople. He is also the author of Security Analysis and The Interpretation of Financial Statements.

JASON ZWEIG writes "The Intelligent Investor" column weekly for The Wall Street Journal. Previously a

senior writer at Money magazine,  a guest columnist at Time, and a senior editor at Forbes, he has writ-

ten about investing since 1987.