I highly recommend this book for anybody just starting to invest. There are countless books out there on investing, but this one is very simple to read. I would definitely read this first before reading intelligent investor.
Interesting current book on the philosophy of investing in stocks and bonds. The advice and viewpoint is very sage, I have lived it for many years. To go into depth, see Motley Fools' books for value, analysts, the rating system for mutual funds is not helpful for instance. Buy and hold, and be a contrarian. The long view is: every stable stock is in a cycle, except overpriced tech stocks, new ventures, etc. and the latter probably should be avoided. Just insert "debt" for leveraged, and you will understand most of the advice.
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