This is a great book for those who wants to learn the framework for how to evaluate if and when to buy a stock. It also gives the reader practical guidance on what to read, such as the most important sections of an annual report, and the most relevant investing journals. The best part though are all the case studies that brings home the points. This book is as relevant now as it was when it was written almost 20 years ago and is a great handbook for aspiring investors.