For part 1 of my review, please head here. I will now analyze and review part 2 of The Intelligent Investor by Benjamin Graham. Part 1 was just 10% of the book and I was immensely pleased to gain new wisdom and knowledge that I have missed out a year ago while reading the book. With no further ado, I present part 2 of The Intelligent Investor by Benjamin Graham. Stocks and bonds should be assessed accordingly for varying market conditions There is no sure asset class to be carrying. Under certain conditions, bonds might be a safer bet even though historically, equities have been proven to generate higher returns. The intelligent investor recognizes that even high quality stocks cannot be a better purchase than bonds all the time. Alternatives to equities as hedges against inflation Gold has been presented as a possible hedge against inflation. However, gold does not generate any income ......