Jim Pearce – Third Rule of InvestingHas anyone heard about Pearce’s Third Rule of Investing? This one is a beauty!
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He claims the book is online for $3,500 and you will benefit from his newsletter which uses that information. I researched Benjamin Graham’s books and I have found reprints from 1956 to 2005 for about $40 on average. Amazon had a 1959 edition for $195. I did order the $20 version. However, I DO NOT like being LIED too in order to make a sale. That is just a low life thing to do. I understand he is selling a newsletter but that statement is an outright lie.
If he’s talking about a book that sells for crazy prices and is supposedly full of secrets, he’s almost certainly referring to Seth Klarman’s Margin of Safety. It gets teased and hinted at by a newsletter every now and then, I think the last time I wrote about it was here: http://www.stockgumshoe.com/reviews/white-cap-report/louis-basenese-the-most-expensive-investing-book-and-a-couple-teased-secret-stocks/