Benjamin Graham's bestseller is a great investment guide and the classic on value investing. Each chapter of this new edition is supplemented and expanded with recent comments by Jason Zweig. A large number of footnotes explain and illustrate the text, which is still valid today. Since the first edition was published in 1949, Benjamin Graham's book has been the most highly regarded guide to investment. The reason for this is its timeless philosophy of investing in growth stocks, which helps investors to identify potential stumbling blocks and develop long-term success strategies with which they can really make profits. Benjamin Graham's classic, which has been valid for over 60 years, is based on fundamental knowledge and the market experience of many years. In this book, both conservative and speculative investors are taken into account, and appropriate stock selection strategies are presented for both groups, based on the principle of an intelligent portfolio structure. Benjamin Graham is one of the legends of Wall Street and founder of modern securities analysis. Graham taught at Columbia University from 1928 to 1957 and also managed the Graham-Newman Partnership, an early form of today's mutual fund. Graham established today such self-evident key figures as the price-earnings ratio. With his two books, The Intelligent Investor and Securities Analysis, he became a bestselling author and achieved world fame. The investment classic in a generously expanded edition with a foreword by Warren Buffett.