Value Investing News

Over the last couple of days, I’ve buzzed through David Einhorn’s Fooling Some of the People All of the Time (Wiley, 2008), which describes Einhorn’s six year saga shorting Allied Capital. As Joel Greenblatt tells it in the foreword, this was a saga in which the good guys were dragged through the mud and the bad guys carted off millions. At least for a while.

• http://widemoatinvesting.wordpress.com/2009/03/13/fooling-some-of-the-people-all-of-the-time-review/ (1)