The father of special situations investing's final book, showing the master at the height of his powers. For the first time, Schiller examines turnabouts (today's turnarounds), changes in line of business, and empire builders as a discrete investment focus. This edition contains commentary by James F. Royal, Ph.D., for the present-day reader. A bonus is a table of topics across all five of Schiller's books, showing his evolution. Finally, as in all the books in the republication series, there is memorabilia from Schiller's own scrapbook, the only career details available to date.

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 of 1929 and Great Depression. This experience led him to his life's work: practice and study of special situations, designed to avoid risk for clients. Beginning in the 1930s and into the 1960s, he invented new and refined existing special situations so the investor could reap nearly riskless rewards - fortunes - in the stock market.

Product details

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