The Intelligent Investor - The Definitive Book On Value Investing

228, 229; asset elephantiasis of, 246, 251, 252; and balanced fund investments, 241; bank- operated, 4, 235; and “beating the ma ...

investors (cont.) primary cause of failure by, 217 n;and proxy materials, 499 n,500–502, 501n;psychology of, 8, 51, 103, 119, 19 ...

Lichtenberg, G. C., 497 life insurance, 89, 118, 361 Lilly (Eli), 373 Linear Technology, 370 Ling-Temco-Vought Inc., 4n,412, 417 ...

mergers and acquisitions: and aggressive investors, 173, 174, 381, 389n,393, 393n,401; and case histories, 422, 424, 424n, 426, ...

and secondary companies, 172 n;and security analysis, 290 n;small-cap, 369; and speculation, 5, 37; and “sure things,” 15, 15–16 ...

Nortek, Inc., 483–84 Nortel Networks, 184, 483–84 Northern Pacific Railway, 168, 207–8, 209 Northwest Industries Inc., 317–18, 3 ...

299–301; of value stocks, 451–52n;vogue of, 4. See also “beating the market/average”; specific company or type of security perfo ...

price (cont.) delisted stocks, 385n;and dividends, 490, 491, 494n;and earnings, 115–16, 318n;and expectations for investors, 24, ...

public utilities: and aggressive investors, 175, 383n,389; and bonds, 286–87; debt of, 348; as defensive investment, 354, 356–60 ...

return (cont.) business principles, 523; Graham’s comments about, 18–34; and Graham’s definition of investment, 35n;and history ...

Schwab (Charles A.) Corp., 107 Schweber, Mark, 64 Schwert, William, 42, 42n, 150 Scientific-Atlanta, 370 Scudder, Stevens & ...

selection, stock (cont.) comments about, 349–50, 376–95; Graham’s criteria for, 369, 371, 374–75; “human factor” in, 365; for lo ...

stamps, rare, 56 Standard & Poor’s: and advice, 260; and bargains, 169, 171; bond ratings by, 95, 423; and convertible issue ...

T. Rowe Price, 105, 107, 148n,251, 369 takeovers, 429–33, 429n,487–88, 487–88n. See also specific company tangible-asset value. ...

trust funds, 4, 47, 89, 231, 232, 235, 258–59, 259n Tversky, Amos, 151, 221 Tweedy Browne Partners, 397, 542, 543–44, 551 two-pa ...

value/valuation (cont.) market; overvaluation; price/earnings ratio; undervaluation;specific company or type of security Van Wag ...

89, 91, 92, 93, 95, 96, 97, 98, 107, 110, 113, 113–14n,124, 125, 350; fluctuations in, 193, 207–12; and history and forecasting ...

About the Authors BENJAMIN GRAHAM (1894-1976), the father of value investing, has been an inspiration for many of today’s most s ...

Credits Cover design by mucca design Interior Designed by Nancy Singer Olaguera ...

Grateful acknowledgment is made for permission to reprint: “The Superinvestors of Graham-and-Doddsville,” by Warren E. Buffett, ...