summary ofThe Intelligent InvestorBook by Benjamin Graham, Jason Zweig

first KEY POINT

Investing is simple if you take the time to learn it

Benjamin Graham, the father of value investing, strove to teach and inspire young investors to invest thoughtfully. Jason Zweig also lends his voice in echoing these hard truths and channeling them to the investor of today’s market. But do you have to be a financial genius to become an investor? Not at all. However, you might become one by developing specific skills and learning more about investing.An investor is any person or firm that commits capital to obtain financial returns. Investors rely on different financial instruments to earn a return rate and accomplish important monetary objectives like building retirement savings, funding a college education, or accumulating additional wealth over time.

An investment is an asset bought after careful research to generate an increased monetary return or appreciation in the future. Benjamin Graham and Jason Zweig go deeper and offer more insight into investing. Let’s look at two terms commonly used in stock exchange trading:• An investment ensures the security of the invested capital and the promise of profit.
• Speculating neither assures the safety of your money nor your profit at the end of the investment period.Thus, an intelligent investor is involved in ventures that will yield a long-term reward, while a speculator is more interested in what they can get in the short term.This summary will teach you to differentiate between these two categories of people and conduct proper research before putting your money out there. Most importantly, you will learn how to make the best choice when faced with multiple investment options.