After reading the first edition of “The Intelligent Investor” in 1950, the young American entrepreneur Warren Buffett considered this work by Benjamin Graham to be the best of everything ever written about investing. Years later, becoming one of the world’s largest investors with a fortune of 66 billion US dollars, Buffett didn’t change his opinion—and Graham’s book has gone through no fewer than 10 reissues in the United States alone. Analyzing all aspects of developing and implementing an effective investment policy, Benjamin Graham—one of the most authoritative economists and investors in world history—distills the central principles of investing and the most important rules for the behavior of a wise investor, equally relevant today and half a century ago. In addition, this audiobook contains a detailed breakdown of such problems as the principles of optimal portfolio policy, finding promising investment targets, probable inflation rates, and ways to protect against them, and much more.