The Intelligent Investor - The Definitive Book On Value Investing

CHART 1^125100

908070605040 30 2018161412108 6 5 4 2

125100908070605040 30 2018161412108 6 5 4 2

STANDARD & POOR’S STOCK PRICE INDEXES

1941–1943 = 10

MONTHLY AVERAGE OF 425 STOCKS

s

&P

RATIO SCALE

1900 — 04 05 — 09 10 — 14

15 — 19

20 — 24 25 — 29 30 — 34 35 — 39 40 — 44 45 — 49

50 — 54

55 — 59 60 — 64 65 — 69 70 — 74