randomep Posted December 13, 2017 Posted December 13, 2017 I just read a critical review of Ed Wachenheim's book "Common stocks and common sense" on young money blog: http://y0ungmoney.blogspot.com/2017/12/book-review-common-stocks-and-common.html The gist of it is that the author does not understand investing (in blogger's own words). I have never heard of this author, but apparently he has beaten the stock indicies for 30yrs running. Does anyone have his exact performance figures? And opinion on the man? I would like to read the book but have to wait for the library cos I am too cheap to buy a copy..... I just find it interesting that a person who is technically weak can beat the market so convincingly (if all of the above is true).
Cigarbutt Posted December 13, 2017 Posted December 13, 2017 Interesting character. The book is short and easy to read. I would say useful if the case studies described are relevant for your universe. He's with Greenhaven Associates. They report 19% average return since 1991. They seemed to hurt in 2008-9 but it's just a blip in the chart now. You may find the following relevant if you want more "color": http://www.valueinvestorinsight.com/pdfs/IssueTrialDE2012VII.PDF "Above the fray"
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