Benjamin Graham’s The Intelligent Investor of 1949, bid to a record $60,000 (£44,445) at Sotheby’s New York.

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A work that has remained one of the most popular and admired in its field, Benjamin Graham’s book has been described by US investor and philanthropist Warren Buffet as “the best on investing ever written”.

Signed by Graham on the front free endpaper, this copy of a book that was published at $3.50 was here bid to a much higher than suggested and record $60,000 (£44,445) in this auction from January 14-25.