The Intelligent Investor is one of the books that should definitely be on the bookshelf of anyone who would like to wisely use the opportunities of the stock market to increase their capital. Having become a veritable bible of the stock market in the decades since its first edition in 1949, Benjamin Graham's classic work provides the reader with a powerful method of investing based on comparing prices and the actual value of stocks. The book examines the fundamental differences between investing and speculation; two types of investors are described - active and passive - and the characteristics of the investment strategies of each of them. The book is of interest to a wide range of readers. It can serve as a reference for both individual and professional investors. It is especially useful for undergraduates, graduate students and teachers, as it offers a generalized, systematic look at decades of trends in the stock market.