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Book Reviews
There is a common problem among many trading and investing books.  They “have limited value to their intended audiences.”  Or, to be more direct about it, “They suck.” So says professional trader and popular financial blogger Brian Lund in the introduction to his new book Trading: The Best of the Best.  By and large, I...
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“Recognizing that the stock market is a difficult game to play and admitting that investing in securities is an art, we can only preface this book by saying, ‘Good luck.’” So writes Michael E.S. Gayed in the forward to Intermarket Analysis and Investing, originally published in 1990 and republished in 2013. Outside of politics, few...
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If Warren Buffett, Christopher Davis, Joel Greenblatt and Seth Klarman recommend a book, it might—just might—be worth reading.   It certainly got my attention. Warren Buffett calls Howard Marks’ The Most Important Thing “that rarity, a useful book.”  And as a researcher with a library of a couple hundred books myself, I couldn’t agree more. For...
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The “Little Books” series has produced several memorable titles, such as Joel Greenblatt’s The Little Book that Beats the Market.  Greenblatt offers a mechanical investing strategy that involves very little work on the part of the reader.  You simply build a portfolio of 30 stocks from his screener and re-run his “Magic Formula” screen on...
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In the opening lines of What’s Behind the Numbers?, co-authors John Del Vecchio and Tom Jacobs offer to “help you find where the investing bodies are buried so you don’t join them.”  These are appropriate words to begin a book on the detective work of finding financial chicanery. Numbers covers the art of short selling—a...
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