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The book is good. However, a lot of the book to me is more philosophical than practical which is interesting but not totally what I would want. There were points that were interesting. A large section of the book where he is testifying before a congressional investigation committee, I believe, I skipped. I had no interest in it. In the last two chapters, he explained one investing technique, and another one not fully researched but obviously good, which made the last two chapters very practical for me. It jelled his idea of how he invested more clearly than a previous book had done. - it was more clear in my mind. I am not novice in investing but no real expert either although I know a lot more than people who invest from what they hear on T.V. or read in a magazine or ask their brokers, "What do you think." Graham is wordy and he makes points but again, he is wordy, not concise and directly to the point. Some of his ideas are interesting but not applicable for practical application in my opinion. For investors, starting out, I would say there are definitely BETTER books for beginning or intermediate investors in the initial learning stage of learning. For excellent investors, interested in ideas or ideas Graham had, it could be interesting..