The Intelligent Investor (Benjamin Graham)

Warren Buffett called it "by far the best book on investing ever written." First published in 1949, Benjamin Graham's classic introduced the concepts of value investing, margin of safety, and Mr. Market—the manic-depressive metaphor for stock market mood swings. Graham's framework of buying undervalued companies and holding them patiently created the foundation for modern investing. Every serious investor has read it. The 2006 revised edition with commentary by Jason Zweig brought Graham's timeless principles to a new generation. Outperforming the average investing book, it has sold over 1 million copies and remains 30% more cited in academic finance papers than its nearest competitor.