Content is absolutely fantastic. Graham teaches you how to be a rational investor in any market which is irrational by nature. Best to read the hard copy as done if the illustration don't come across well in audio book.
5 of 5 people found this review helpful
I tried to read this book many times, but listening to it using audible made the very dry content much easier to comprehend, for me anyway!
3 of 3 people found this review helpful
A lot to get through and very informative, found turning speed up helped with energy of delivery immensely! (was like a completely different person)
2 of 2 people found this review helpful
A great book meant for re-reading but not optimised for listening. It is very difficult to follow tables, graphs and figures by listening alone, so I would recommend against audio-booking technical volumes.
2 of 3 people found this review helpful
This book is not a wasted investment. It's one of the greatest books written on the subject of investment, and its principles have been tested through the years bearing fruit.
Graham makes the important distinction between investment and speculation which all should take heed of.
This book should be read, if for no other reason than because of its impact over the last nearly 70 years. A true classic for students, amateurs and experts.
This reads like a bible on the subject. Providing very detailed analysis of a huge amount of information, this is surely one that any serious investor should read.
I will, however, share my criticisms... First of all, the book makes reference to the author several times which was very confusing. (How can a narrator reference the author?) It appears to jump back and forth in time when referencing 'now'. eg: at some points it refers constantly to the 1970's while in other parts it jumps to the 2000 .com bubble. In addition to these confusing traits, the book references large tables, which makes it very hard to follow for a book on tape listener. (And for the non-american, the author references US stocks and bonds in all of his examples, which makes it a little hard to relate to).
Having said all of this, the reasoning and the practices are sound and Benjamin Graham is obviously an authority on what he is writing about. With all of the difficulties I mentioned above, I learned so much on the subject and gained confidence to assess and make investment decisions. Graham provides practical strategy and example again and again. From descriptions of different stocks and bonds, to company analysis and comparisons, to general investment strategies such as dollar average costing and index fund investing, there is so much to learn here. I will come back to this to read again one day to pick up some of the stuff that slipped through the cracks on the first read. I would recommend this one for sure, but it is not an easy listen.