Table of Contents

Five-Sigma Event. The Two Wise Men.

Mr.Market and the Lemmings.

Buying a Business.

Permanent Holdings.

Fixed-Income Marketable Securities.

Equity Marketable Securities.

A Few More Good Stocks.

An Unreasonable Man.

Appendix.

Notes.

Index.

About the Author

ROBERT G. HAGSTROM, JR., CFA, is a principal with Lloyd, Leith & Sawin, a Philadelphia firm that is responsible for over $100 million in assets. He is also fund manager of The Focus Trust, a no-load mutual fund based upon the tenets outlined in this book.