The Little Book That Beats the Market

Joel Greenblatt9780471733065, 0471733067

Can you spare two hours to learn how to beat the market? As unlikely as it may seem, hedge fund manager and professor Joel Greenblatt, whose investment firm has averaged 40% annual returns for over twenty years, can teach you how. You can achieve investment returns that beat the pants off even the best investment professionals and the top academics. In fact, you can learn how it’s possible to more than double the annual returns of the stock market averages. But there’s more. You can do it all by yourself. You can do it with low risk. You can do it without making any predictions, and you can do it by following, step by step, a “magic formula” that uses only common sense and two simple concepts. Best of all, once you are convinced that it really works you can choose to do it for the rest of your life. (Mr. Greenblatt even runs a web site, www.magicformulainvesting.com, to help you get started.)In The Little Book That Beats the Market, Greenblatt shows how successful investing can be made easy for investors of any age. Through entertaining anecdotes and practical pearls of wisdom, the book explores the basic principles of successful stock market investing and then reveals a “magic formula” that makes buying good companies at bargain prices automatic. The formula has been tested over hundreds of different periods and thousands of stock picks and has been proven extremely profitable for those who are willing to “stick with it. Greenblatt guides you down the path of investment success and explains why his approach will continue to work – even after everyone “knows” it. It’s never too early or too late to start investing, and by following the simple steps and magic formula that are clearly outlined and explained, you can achieve extraordinary long-term investment results with a very low level of risk. With The Little Book That Beats the Market as your guide, you’ll know exactly where to go and what to do – and it won’t even take much time, just a little effort every few months.