The Deipnosophist

Where the science of investing becomes an art of living

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Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

05 July 2006

"Great book!"

One reader, Scott Browning, shares a book recommendation with this blog's community of readers...
-- David M Gordon / The Deipnosophist

David, All,

Over the years I've felt the frustration in many of you when trying to understand the writings of David (particularly on how he finds his stocks).

Well believe it or not I've found a little gem of a book that's easy,humorous, and fast to read, written by Joel Greenblatt, a hedge fund manager who supposedly has had 40%+ returns FOR OVER TWENTY YEARS. The book is called, appropriately, "The Little Book That Beats The Market". He believes that if you find stocks that have a high return on capital (like GOOG) and buy them AT THE LOWS FOR THE YEAR (sound familiar?) you will do as well as he has. He even has a website that list stocks that meet these criteria.

Check it out.
Scott Browning

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