The original edition from 1949. Benjamin Graham's classic bestseller on value investing has taught and inspired hundreds of thousands of people worldwide. This reissue of Graham's original 1949 text presents the investment principles as they were initially articulated - principles that continue to be valid more than 50 years after the book's original publication. Time and market developments have proven the wisdom of Graham's foundational strategies, and in a volatile market like today's, this is the most important book you can read to make the right decisions and protect your investments, ensuring their success.