Fortunes in Special Situations in the Stock Market: The Authorized Edition: 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.
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.