| |
| |
Preface: What I Learned from My Father's Writings | |
| |
| |
| |
Introduction | |
| |
| |
| |
| |
Common Stocks and Uncommon Profits | |
| |
| |
Preface | |
| |
| |
| |
Clues from the Past | |
| |
| |
| |
What "Scuttlebutt" Can Do | |
| |
| |
| |
What to Buy: The Fifteen Points to Look for in a Common Stock | |
| |
| |
| |
What to Buy: Applying This to Your Own Needs | |
| |
| |
| |
When to Buy | |
| |
| |
| |
When to Sell: And When Not To | |
| |
| |
| |
The Hullabaloo about Dividends | |
| |
| |
| |
Five Don'ts for Investors | |
| |
| |
| |
Five More Don'ts for Investors | |
| |
| |
| |
How I Go about Finding a Growth Stock | |
| |
| |
| |
Summary and Conclusion | |
| |
| |
| |
Conservative Investors Sleep Well | |
| |
| |
Epigraph | |
| |
| |
Introduction | |
| |
| |
| |
The First Dimension of a Conservative Investment | |
| |
| |
| |
The Second Dimension | |
| |
| |
| |
The Third Dimension | |
| |
| |
| |
The Fourth Dimension | |
| |
| |
| |
More about the Fourth Dimension | |
| |
| |
| |
Still More about the Fourth Dimension | |
| |
| |
| |
Developing an Investment Philosophy | |
| |
| |
Dedication to Frank E. Block | |
| |
| |
| |
Origins of a Philosophy | |
| |
| |
The Birth of Interest | |
| |
| |
Formative Experiences | |
| |
| |
First Lessons in the School of Experience | |
| |
| |
Building the Basics | |
| |
| |
The Great Bear Market | |
| |
| |
A Chance to Do My Thing | |
| |
| |
From Disaster, Opportunity Springs | |
| |
| |
A Foundation Is Formed | |
| |
| |
| |
Learning from Experience | |
| |
| |
Food Machinery as an Investment Opportunity | |
| |
| |
Zigging and Zagging | |
| |
| |
Contrary, but Correct | |
| |
| |
Patience and Performance | |
| |
| |
To Every Rule, There Are Exceptions ... But Not Many | |
| |
| |
An Experiment with Market Timing | |
| |
| |
Reaching for Price, Foregoing Opportunity | |
| |
| |
| |
The Philosophy Matures | |
| |
| |
E Pluribus Unum | |
| |
| |
History versus Opportunity | |
| |
| |
Lessons from the Vintage Years | |
| |
| |
Do Few Things Well | |
| |
| |
Stay or Sell in Anticipation of Possible Market Downturns? | |
| |
| |
In and Out May Be Out of the Money | |
| |
| |
The Long Shadow of Dividends | |
| |
| |
| |
Is the Market Efficient? | |
| |
| |
The Fallacy of the Efficient Market | |
| |
| |
The Raychem Corporation | |
| |
| |
Raychem, Dashed Expectations, and the Crash | |
| |
| |
Raychem and the Efficient Market | |
| |
| |
Conclusion | |
| |
| |
| |
Key Factors in Evaluating Promising Firms | |
| |
| |
Functional Factors | |
| |
| |
People Factors | |
| |
| |
Business Characteristics | |
| |
| |
Index | |