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242 pages (October 2002); 12.9MB downloadInsomniac Press
; ISBN: 9781897415795
Benj Gallander has among the highest short- and long-term returns in North America. Author of the best-selling The Uncommon Investor and The Uncommon Entrepreneur, co-editor of Contra the Heard Investment Letter, and investment columnist for national newspapers and magazines, Gallander's approach to the stockmarket has the investment world buzzing. Standing fast to his decidedly contrarian position, Gallander does not believe in buying and holding stock in perpetuity, and he thinks that stop losses are idiotic, like playing cards with an open hand. Instead Gallander has redefined conventional norms of the risk-reward relationship: he rarely buys a stock that does not have a chance at a minimum 100 percent return, and he remains unconcerned with the daily pulse of trading. And all he has to show for his contrarian position is a ten-year annualized return of 25.4 percent with a staggering 64.8 in the meltdown of 2001.