The Intelligent Investor, by Benjamin Graham, Jason Zweig, and Warren Buffett

As the global economy endures tumultuous twists and turns largely due to unsound and unsustainable investment strategies, it is important to rediscover and pay heed to the ideas of economists such as Benjamin Graham. The crux of Graham's philosophy is approaching securities investment from a real wealth, real value perspective that focuses on long-term wealth creation. Graham's mindset is the opposite of that which has led to "destructively creative," or to put it more bluntly, downright fraudulent accounting techniques and dangerously speculative short-term investment schemes that have caused such economic upheaval on a global scale throughout the better part of the last decade.Contemporary economic luminaries such as billionaire Warren E. Buffett agree.

Buffett, who contributed the preface and appendices to this edition of Graham's seminal tome, is widely quoted as saying The Intelligent Investor is "by far the best book on investing ever written." In the preface Buffett doesn't mince words with regard to the weight of the book's significance:"To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. This book precisely and clearly prescribes the proper framework. You must supply the emotional discipline."The current hyper-emotional, lightning-fast-paced investment climate very much needs a refresher course on the principles outlined in Graham's The Intelligent Investor. As market volatility becomes the unfortunate normal modus operandi for the corporate and financial world, investors should keenly take to heart the concepts Graham provides.