ThriftBooks

Investment theories come and go. It's amazing how many books have been written on investments that are now discarded. Further, it's fascinating to see what current "hot" authors in the investment field wrote about ten or twenty years ago.

A great resource of cheap books that no-one wants any more is ThriftBooks.

We recently purchased numerous books by Harry Browne and Doug Casey. Each book was only 1 cent with $2.49 shipping and handling. We received such quality publications as "The Economic Time Bomb: How You can Profit from the Emerging Crisis" written in the early 1980's by Harry Browne.

We have all lived through cycles of bubbles and mass investment hysteria. During each period there are bestseller books glorifying the current investment trend. For example, do you remember the book Dow 36000?
After the relevant bubble or crisis passes, these books eventually end up at ThriftBooks where you can pick them up for a song. The purpose of purchasing such books, of course, is to study what the popular media during a given time-period predicts as the "next hot thing", and then to compare their predictions with reality.

As you may imagine, the "experts" generally had no idea what they were talking about.