The Intelligent Investor

A 1949 book by Benjamin Graham promoting value investing, which is an investment strategy in which one seeks securities thought to be undervalued. That is, one tries to buy securities at prices lower than their true value. In The Intelligent Investor, Graham uses the character "Mr. Market," who offers securities at different prices every day. According to Graham, the smart investor waits to buy a security until Mr. Market offers a good price. See also: Buy and hold.

单词	the intelligent investor
释义	The Intelligent Investor The Intelligent Investor A 1949 book by Benjamin Graham promoting value investing, which is an investment strategy in which one seeks securities thought to be undervalued. That is, one tries to buy securities at prices lower than their true value. In The Intelligent Investor, Graham uses the character "Mr. Market," who offers securities at different prices every day. According to Graham, the smart investor waits to buy a security until Mr. Market offers a good price. See also: Buy and hold.
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