Book Review: Payback Time by Phil Town

This isn’t active trading. Town recommends sitting on the sidelines and keeping your money in a savings account when the business you’re interested in is not on sale. It is a conservative, “watch that basket” type of investing.

Should you buy Payback Time? If you’re interested in value investing and have the time, resources, motivation, and inclination to research different businesses, you would probably benefit from this very interesting, very well written book.