Praise for The Little Book That Still Beats the Market
"Simply perfect. One of the most important investment books of the last 50 years!"—Michael Price
"A landmark book—a stunningly simple and low-risk way to significantly beat the market!"—Michael Steinhardt, the Dean of Wall Street hedge fund managers
"This book is the finest simple distillation of modern value investing principles ever written. It should be mandatory reading for all serious investors from the fourth grade on up."—Professor Bruce Greenwald, Director of the Heilbrunn Center for Graham and Dodd Investing, Columbia Business School
"The book unquestionably makes good on its promises."—SmartMoney
"Greenblatt delivers admirably . . . it contains one of the clearest, most entertaining explanations you'll ever see of the ideas underlying value investing."—International Herald Tribune
In The Little Book That Still Beats the Market, Joel Greenblatt expands the successful strategy from the original bestseller to show investors how to profit in any market. 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.
It also ties into Greenblatt's latest effort (formulainvesting.com) that allows investors to either manage their own accounts or have their accounts professionally managed by someone on Greenblatt's team. Either way, the magic formula still holds: the new web site just makes it that much easier. For example, if an investor chooses to manage his or her own account, a list of "magic formula" stocks is provided from which to pick with a click of a button, and alerts are sent automatically when it is time to consider selling a security.
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 Still 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.