Graham, this book remains very systematically. He knows how to trace historical developments very far and to draw his conclusions. A highlight is the chapter on inflation, in which he shows the shares just not always the best form of investment are. As a Vorrezensent has already written is the chapter on bonds rather stodgy - but may be due to the matter.
He is, moreover, highly practical tips, including how to deal with his own psyche. These tips are not worth its gold, I think. A star deduction I give him because of the typical American constant repetitions. If there is an extra chapter on market fluctuations, there is no need to repeat it in any other chapter. This makes reading sometimes quite tiring.
