Another book question

[moondogg]

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Ben Graham's "The Intelligent Investor" has a new edition, with commentary added by Jason Zweig and it's only $10.85 on Amazon. This book is one of the best introductions on how to invest in stocks, and Jason's commentary really updates it well.

More detailed information on how to analyse individual stocks and bonds can be found in Graham & Dodd's "Security Analysis", which is the bible for fundamental analysis of a company's true worth. This book is much more expensive, lengthy, difficult to read, etc, but well worth it once you are ready.

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Didn't Graham, later in life, admit that his securities analysis techniques no longer worked -- Too many eyeballs processing the same information.

To outperform, you need either inside information or access to the trading desks at the big brokerage houses.

I prefer to believe this guy who isn't trying to sell me anything and isn't trying to generate a sales commission

Fama and French have a bunch of Nobel prize winning economists they run around with who say the same thing,

Good luck, sounds like you are gonna need it.

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Getting business and investment advice from a Ph.D. is like getting sex advice from a priest.

If these guys say they are not in it for the money, I question their motivation, honesty, and sanity.