The Economist (US), December 16th, 1989
THE NEW MONEY MASTERS. By john Train. HarPer & Row; 385 pages; $22.50 BOOKS of investment advice are never what they claim to be. If you knew the secret of making money, would you put it in a book? John Train would not either, and for serious investors his work is next to useless. For everyone else, it is a portrait gallery of weird and wonderful eccentrics: eight professional fund managers who have spectacularly outperformed market indices or, in other words, most of their competitors. Because of the huge volume of information to which these men have access and the gigantic sums of money th...
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