Market seems plausible, but sometimes it is ridiculous. Market, an obliging fellow who turns up every day at the share holder's door offering to buy or sell his shares at a different price. Graham's favorite allegory is that of Mr. Ref = ], a sentiment echoed by other Graham disciples such as Irving Kahn and Walter Schloss. Famous investor and billionaire Warren Buffett describes it as 'by far the best book on investing ever written' [ cite book 'The Intelligent Investor' by Benjamin Graham, first published in 1949, is a widely acclaimed book on value investing, an investment approach Graham began teaching at Columbia Business School in 1928 and subsequently refined with David Dodd.
Image_caption = 2003 edition, updated by Jason Zweig
