Over the weekend I was reading David Einhorn (Trades, Portfolio)’s book "Fooling Some of the People All of the Time." I’ve had it on my bookshelf for some time, and it has always taken a back seat to other books until I decided to pick it up recently.
It’s an entertaining read, basically recounting his short thesis on Allied Capital (ALD) in great detail. It is a good book because it provides a glimpse into the significant amount of research and due diligence that a great investor like Einhorn performs in his investment approach. Continue Reading »