Has anyone heard about Pearce’s Third Rule of Investing? This one is a beauty!
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
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/