Raul Panganiban with Tom Jacobs, editor of the newly-revised and republished edition of Maurece Schiller’s Fortunes in Special Situations in the Stock Market: The Authorized Edition CreateSpace Independent Publishing Platform (August 23, 2017), talks about what special situation is, where it started (including some unknown origins) and everything you want to know about the topic. This one is 50 minutes since it was a really interesting topic, so enjoy! I was actually involved in helping this book a while ago but I claim no credit for the book nor am I associated with it.
- If you missed the first podcast University of Berkshire Hathaway make sure to check it out here.
- Podcast #2 Chris White with the Emotional Investor check it out here
Stay tuned every Tuesday for another podcast – and we have some good ones coming up. Right now this is the schedule for the next two weeks with a LOT more planned which are already recorded and to be recorded.
The schedule is as follows (subject to change)
- September 12 - Georg Kell, Vice Chairman of Arabesque Asset Management and Founding Executive Director of the UN Global Compact
- September 19 JT McCormick with an incredible American Dream story
- September 26 - 5. Amit Wadhwaney of Moerus Capital
"Never met Schiller, but read some of his stuff." - Warren Buffett. Forgotten for over 50 years, Schiller is the inventor of special situations investing for obtaining nearly riskless stock profits. Most of his books have been unknown and out of print until now. His life's work is monumental, on a scale with Graham and Buffett, and applicable to any time - for those willing to put in the hours. Includes case studies of live situations today.
Below is the podcast followed by a more in-depth description of the book from the cover
"Schiller's books are a towering contribution to the value investing canon. No serious value investor's library is complete without the set." -- Tobias Carlisle and Colin Macintosh, Carbon Beach Asset Management, LLC --Tobias Carlisle and Colin Macintosh
About the Author
Maurece Schiller (1901-1994) left Dartmouth and landed on Wall Street in 1922, just in time to watch shady practices and heedless risk end in the crash and Great Depression. This experience led him to choose his life's work: practice and study of special situations, designed to avoid risk for clients. Beginning in the 1930s, he invented new and refined existing special situations so the investor could experience almost riskless gains and avoid the devastation of the Great Depression again.