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• Archive: DESCRIPTIONDeep insight and candid discussion from one of Wall Street's best investorsCommon Stocks and Common Sense provides 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.Between 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.