Two More Books

Two eagerly anticipated additions to my growing investment library arrived today. One is a real investment classic, Michael Edleson's Value Averaging. First printed in 1993, it quickly went out of print and became a coveted rarity. I was trying to buy it in 2003, but balked at the three-digit prices the rare copies went for on eBay.
The other one is a new book by Vitaliy Katsenelson, Active Value Investing. Vitaliy's blog has been an excellent source of information over the years, and I am looking forward to reading his book.
As I keep repeating, I consider reading to be the single most important thing small investors can do to improve long-term returns of their portfolios.

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