"The Stock Market is designed to transfer money from the Active to the Patient." Warren BUFFETT
- U.S.A. - Canada - U.K. - France - Germany - Japan - Hong-Kong	Benjamin GRAHAM (1894-1976) An introduction to Value Investing main concepts : margin of safety, conservative vs. enterprising investors, stock selection filters...     The Intelligent Investor "By far the best book on investing ever written." - Warren E. Buffett Chapter Title Intro. What this book expects to accomplish 1 Investment vs. Speculation : results to be expected by the Intelligent Investor 2 The Investor and Inflation 3 A century of Stock-Market history : the level of stock prices in 1972 4 General portfolio policy : the Defensive Investor 5 The Defensive Investor and common stocks 6 Portfolio policy for the Enterprising Investor : negative approach 7 Portfolio policy for the Enterprising Investor : the positive side 8 The Investor and market fluctuations 9 Investing in investment funds 10 The Investor and his advisers 11 Security analysis for the lay Investor : general approach 12 Things to consider about per-share earnings 13 A comparison of four listed companies 14 Stock selection for defensive Investor 15 Stock selection for the Enterprising Investor 16 Convertible issues and warrants 17 Four extremely instructive case histories 18 A comparison of eight pairs of companies 19 Shareholders and managements : dividend policy 20 Margin of safety as the Central Concept