The intelligent investor : a book of practical counsel / Benjamin Graham

Contents
Introduction: What this book expects to accomplish --
Investment versus speculation: Results to be expected by the intelligent investor --
The investor and inflation --
A century of stock-market history: The level of stock prices in early 1972 --
General portfolio policy: The defensive investor --
The defensive investor and common stocks --
Portfolio policy for the enterprising investor: Negative approach --
Portfolio policy for the enterprising investor: The positive side --
The investor and market fluctuations --
Investing in investment funds --
The investor and his advisers --
Security analysis for the lay investor: General approach --
Things to consider about per-share earnings --
A comparison of four listed companies --
Stock selection for the defensive investor --
Stock selection for the enterprising investor --
Convertible issues and warrants --
Four extremely instructive case histories --
A comparison of eight pairs of companies --
Shareholders and managements: Dividend policy --
"Margin of safety" as the central concept of investment --
Postscript --
Appendixes. The superinvestors of Graham-and-Doddsville --
Important rules concerning taxability of investment income and security transactions (in 1972) --
Basics of investment taxation (updated as of 2003) --
The new speculation in common stocks --
A case history: Aetna Maintenance Co. --
Tax accounting for NVF's acquisition of Sharon Steel shares --
Technological companies as investments.