Ask HN: What are good investing books for total beginners?
I've no idea what the stock market is. Take me as a total idiot. Suggestions away!
The book appears more intimidating (bigger) than it actually is. In reality it is a very enjoyable read. I suggest reading the commentaries that go with each chapter before reading the chapter. They explain Grahams theories with more up to date examples.
Chapter 8 is also an excellent commentary on why markets move. I definitely recommend this book to anyone interested in the stock market.
The Smartest Investment Book You'll Ever Read (Canadian audience) The Intelligent Asset Allocator (a more statistical approach)