El inversor inteligente

Considered the most important investment advisor of the 20th century, Benjamin Graham taught and inspired financiers worldwide. In *The Intelligent Investor*, a book that became the bible for investors from its first publication in 1949, he presented his philosophy, based on the concept of "value investing." Throughout its pages, Graham explains to investors how to avoid strategic errors, while describing how to develop a rational plan for buying stocks and increasing their value. All of this is done with a long-term perspective, as it is a method aimed at investors, not speculators: while the speculator only considers market trends, the investor obtains profits based on discipline and research. In this international bestseller, Graham demonstrates that the most important thing in planning an investment strategy is not maximizing profits, but minimizing losses. Over the years, the market has proven each and every one of the strategies proposed by Benjamin Graham, whose work remains an essential reference. This edition also features the valuable contribution of financial journalist Jason Zweig, who has been responsible for commenting on and updating the text, drawing parallels between the examples provided by Graham and the real situations experienced in the world of finance in recent years.