Lawrence A. Cunningham, 2002
Outsmarting the Smart Money
The Cunningham that is his own rather than an edit of Buffett's.
Lorenzo Ayres / 1 min
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Cunningham is the law professor who assembled The Essays of Warren Buffett, which is the book he is known for and which is really Buffett with Cunningham arranging it. This one is his own argument and it sold a fraction as many copies, which is usually how it goes.
It is a book about why the professional money is constrained in ways an individual is not, and I would put it next to Klarman's chapter on institutional behaviour rather than treating it as a standalone. Between the two of them you stop being surprised that an obvious opportunity is sitting there untouched, and you start asking which category of buyer is not permitted to take it.
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Find the deal
- Seth Klarman, 1991Margin of SafetyRisk first, reward second, and the book that made those one idea instead of a trade-off.
- Maurece Schiller, 1955 to 1966The special situations booksFive forgotten books from the fifties, and the ancestor of every strange structure I get excited about.
- Mohnish Pabrai, 2004Mosaic: Perspectives on InvestingPabrai's first book, written before anybody was listening, and better for it.
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- Walker's Manual of Unlisted StocksHarry Eisenberg, editor, the 2000 edition
- The Takeover GameJohn Brooks, 1987
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- The Crash and Its Aftermath: Securities Markets 1929 to 1933Barrie Wigmore, 1985
- Selling America ShortRichard C. Sauer, 2010
- The Inefficient Stock Market and The New FinanceRobert A. Haugen
- King IcahnMark Stevens, 1993
- Dear ChairmanJeff Gramm, 2016
- Barbarians at the GateBryan Burrough and John Helyar, 1989
- Buy Then BuildWalker Deibel, 2018
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- The Boron LettersGary Halbert, 1984
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- Setting the TableDanny Meyer, 2006
- 100 BaggersChristopher Mayer, 2015
- Distant ForceGeorge A. Roberts, 2007
- Rising To Power: Paul Desmarais and Power CorporationDave Greber, 1987
- The Joy of Achievement: Conversations with J.R.D. TataR.M. Lala
- Pleased But Not SatisfiedDavid L. Sokol
- The Story of Bank of America: Biography of a BankMarquis James and Bessie Rowland James, 1954
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- See's Famous Old Time Candies: A Sweet StoryMargaret Moos Pick, 2005
- The Farmer From MernaKarl Schriftgiesser, 1955
- Shaw Industries: A HistoryRandall L. Patton, 2002
- Secrets of Professional Turf BettingRobert L. Bacon, 1956
- Iron Will: Cleveland-Cliffs and the Mining of Iron OreTerry S. Reynolds and Virginia P. Dawson, 2011
- You Bet: The Betfair StoryColin Cameron, 2009
- The Little Book That Beats the MarketJoel Greenblatt, 2005