(#2) The Intelligent Investor, Revised Edition, by Benjamin Graham

Started:  1/10/2015
Finished:  1/22/2015

Hailed as one of the best books ever written on investing, this 1970's book had been updated in the early 2000's with commentary by Jason Zweig.  Definitely a deep book that was a slow read.  I got more practical information from the commentary than I did the main text.

"The intelligent investor realizes that stocks become more risky, not less, as their prices rise - and less risky, not more as their prices fall.  The intelligent investor dreads a bull market, since it makes stocks more costly to buy...you should welcome a bear market, since it puts stocks back on sale."

"If your investment horizon is long - at least 25 or 30 years - there is only one sensible approach:  Buy every month, automatically, and whenever else you can spare some money.  The single best choice for this lifelong holding is a total stock-market index fund."

"The longer and further stocks fall, and the more steadily you keep buying as they drop, the more money you will make in the end - if you remain steadfast until the end.  Instead of fearing a bear market, you should embrace it."