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Introduction 1
CHAPTER 1 The Buttonwood Tree 7
CHAPTER 2 “In the Long Run, We’re All Dead” 15
CHAPTER 3 Tides, Waves . . . and Ripples 37
CHAPTER 4 Ripple Trading `a la Contrarian Style 47
CHAPTER 5 What to Buy, When to Sell? 61
CHAPTER 6 Contrarian Ripple Trading in Practice 85
CHAPTER 7 Special Situation Purchases 111
CHAPTER 8 On Self-Discipline 135
APPENDIX A Trading Record for 2005 (Net of All
Commissions) 149
APPENDIX B Trading Record for 2006 (Net of All
Commissions) 159
APPENDIX C Trading Record for 2007, January–
February (Net of All Commissions) 175
APPENDIX D Stocks Purchased During 2005,
2006, and 2007 and Not Sold as of
February 28, 2007 177
Notes 179
vii
viii CONTENTS
Bibliography 183
About the Authors 185
Index 187
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