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Comment by ms512 | Hacker News Reader

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The Intelligent Investor by Benjamin Graham is a classic.

Graham's approach shaped Buffett's. Personally, I found The Intelligent Investor to be more clearly written than Buffett's letters. It more clearly left me with a framework for how to approach value investing.

Security Analysis by Graham and Dodd was what Buffett used, since II wasn't out yet. A more difficult read as well, also seemed a bit dated when I read through it a decade ago.

Excellent book, and a timeless classic to be sure. I do find Buffet's letters very useful for making sense of the current landscape though.

thank you

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