Title: Not much meat
Product review: Basically this is typical value investing with a small cap bent, though he will buy value at any price. Chapter two covers this and the rest of the book will put you to sleep. He's long winded, add small type and over 350 pages... it was a struggle to finish.Much of it could have been left out. 50 pages are a review and comments of past years portfolios. Another chapter is on his pet peeves, one on funds, one defending use margin and one on Tech analysis (he doesn't use it for individual issues, but he looks at a few general market indicators to guage risk and overbought levels in the market). Except for a chapter 9 analysis of Ford, there isn't much about selection besides chapter 2.His returns were made using full margin. His best contibution it to say don't be too rigid on the numbers, be flexible. Usually stocks will be undervalued on a couple measures but not all of them. I'd recommend any other book on value investing.
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