1 The Intelligent Investor The Intelligent Investor COMMENTARY ON THE INTRODUCTION COMMENTARY ON CHAPTER 1 www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com What Used to Work on Wall Street... The Investor and Inflation COMMENTARY ON CHAPTER 2 www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com A Century of Stock-Market History: The Level of Stock Prices in Early 1972 41 COMMENTARY ON CHAPTER 3 www.fx 1618 .com General Portfolio Policy: The Defensive Investor stoc] v$im'm n 6 The Defensive Investor and Common Stocks COMMENTARY ON CHAPTER 5 www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com COMMENTARY ON CHAPTER 6 www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com www.fx 1618 .com