The classic bestseller by Benjamin Graham, «The Intelligent Investor» has taught and inspired hundreds of thousands of people worldwide. Since its original publication in 1949, Benjamin Graham’s book has remained the most respected guide to investing, due to his timeless philosophy of «value investing», which helps protect investors against the areas of possible substantial error and teaches them to develop long-term strategies with which they will be comfortable down the road. Over the years, market developments have borne out the wisdom of Graham’s basic policies, and in today’s volatile market, «The Intelligent Investor» is the most important book you will ever read on making the right decisions to protect your investments and make them a success. Featuring new chapter updates – which append every chapter of Graham’s book, leaving his original text untouched – from noted financial journalist Jason Zweig, this HarperBusiness Essentials edition of the timeless classic offers readers an even clearer understanding of Graham’s wisdom as it should be applied today.