Title: Training Wheels
Product review: Graham's "The Intelligent Investor" was a good book during its day, but it is now obsolete tech. It amazes me that people expect to make money by following the trading strategies outlined in this book. Half the traders in the world have probably read it, your grandma read it, the guy who drives the ice cream truck probably read it too. There is no knowledge to be gained by reading Graham, no edge you can gain. The best you can do is follow in the footsteps of half the world and become another fish swimming with the school, a cow in the herd.I am one of the top stock traders in the country with the trade receipts to prove it. The one fact of the market is that if you want to outperform, you need to have superior tactics. You need an edge. This book can never give you an edge. I would recommend it to a 9 year-old who wants to learn how the stock market works. Using it for trading strategies is suicide.
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