History, Logic and Value Investing
Value investors read voraciously. The introduction to Benjamin Graham: The Memoirs of the Dean of Wall Street (McGraw-Hill, 1996, ISBN: 0070242690) states that "Graham came to his convictions after long, searching and realistic meditations about ... [... more]
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Value Investing, Government, Politics and Elections
What more is necessary to make us a happy and prosperous people? Still one thing more, fellow citizens - a wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own ... [... more]
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An Unheralded Facet of Risk
A recent pair of circulars to Leithner & Co. shareholders (The Mass Media and Value Investing, Part I and The Mass Media and Value Investing, Part II) set out the damage which market participants, aided and abetted by the mass media, can do to ... [... more]
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