{"product_id":"9781119259930","title":"Common Stocks and Common Sense: The Strategies, Analyses, Decisions, and Emotions of a Particularly Successful Value Investor","description":"\u003cb\u003eDeep insight and candid discussion from one of Wall Street's best investors\u003c\/b\u003e \u003cp\u003e\u003ci\u003eCommon Stocks and Common Sense \u003c\/i\u003eprovides 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.\u003c\/p\u003e \u003cp\u003eBetween 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.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eUnderstand investment through the lens of a Wall Street leader\u003c\/li\u003e \u003cli\u003eDig into the details of real-world common stock investing\u003c\/li\u003e \u003cli\u003eLearn how to invest creatively and minimize risk\u003c\/li\u003e \u003cli\u003eGo beyond theory to study strategy on a case-by-case basis\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eInvestment 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 \u003ci\u003eactually\u003c\/i\u003e happened. Investors seeking real insight, real expertise, and a proven track record will find \u003ci\u003eCommon Stocks and Common Sense\u003c\/i\u003e a uniquely useful resource.\u003c\/p\u003e","brand":"Wiley, John \u0026 Sons, Incorporated","offers":[{"title":"Default Title","offer_id":47134617567472,"sku":"9781119259930","price":34.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781119259930_p0.jpg?v=1763696952","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781119259930","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}