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Common Stocks & Common Sense : The Strategies, Analyses, Decisions, and Emotions of a Particularly Successful Value Investor

Common Stocks & Common Sense : The Strategies, Analyses, Decisions, and Emotions of a Particularly Successful Value Investor

          
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About the Book

Deep insight and candid discussion from one of Wall Street's best investors
Common Stocks and Common Sense provides detailed insight into common stock investing,
using a case study approach based on real world investments. Author Edgar Wachenheim is
the 28 year CEO of Greenhaven Associates, boasting an average annual portfolio comparable
to Warren Buffet's. In this book, he shares his knowledge and experiences by providing
detailed analyses of actual investments made by himself and other investors. The discussion
covers the entire investment process, including the softer, human side, with candid insight
into the joys and frustrations, intensities and pressures, and risks and uncertainties. The
unique emphasis on behavioral economics and real world cases set this book apart from the
herd—but it's Wachenheim himself and his deeply examined perspective that elevates the
book beyond a mere investing guide.
Between 1990 and 2014, a typical portfolio managed by Wachenheim enjoyed an average
annual return in excess of 18%, achieved using relatively conservative stocks and no financial
leverage. As a proponent of evidence and example, his analysis of real cases serve as a
valuable education for anyone looking to improve their own investment practices.
Understand investment through the lens of a Wall Street leader
Dig into the details of real world common stock investing
Learn how to invest creatively and minimize risk
Go beyond theory to study strategy on a case by case basis
Investment principles and strategies are easy to find—entire libraries have been written about
theories and methods and what 'should' happen. But this book goes beyond the typical guide
to show you how these ideas are applied in the real world—and what actually happened.
Investors seeking real insight, real expertise, and a proven track record will find Common
Stocks and Common Sense a uniquely useful resource.


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Product Details
  • ISBN-13: 9788126564248
  • Publisher: Wiley
  • Binding: Paperback
  • No of Pages: 224
  • ISBN-10: 8126564245
  • Publisher Date: Sep,2016
  • Language: English

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