The Intelligent Investor

The general take

Mark Shapiro calls The Intelligent Investor a foundational text that shaped Warren Buffett's entire investing philosophy, explaining that Benjamin Graham's core message—deciding your target return upfront and staying laser-focused on deals that hit it—is the book's real essence despite its hefty thousand-page length.

Who said what

• MS

  Mark Shapiro👍 Recommends

  …discussing investment philosophy and disciplined approaches to real estate deals

  “Benjamin Graham wrote this book and this is who Warren Buffett modeled his philosophy after. He's a professor and he is, Graham said that you have to decide what your return is and you model your deal to get that return. Okay. And then you stay focused and that is with tunnel vision. That's all you do. Now his book was, I think, a thousand pages, but that was the essence of the book.”

  Digital Social Hour — Why Making Money Too Fast Can Ruin You... | Mark Shapiro | DSH #1887at 19:53

Bought The Intelligent Investor after hearing about it? Tell everyone how it went.

Discussion