The Little Book That Beats the Market
Ratings4
Average rating3.5
15
Ratings4
Average rating3.5
Two years in MBA school won't teach you how to double the market's return. Two hours with The Little Book That Beats the Market will. In The Little Book, Joel Greenblatt, Founder and Managing Partner at Gotham Capital (with average annualized returns of 40% for over 20 years), does more than simply set out the basic principles for successful stock market investing. He provides a "magic formula" that is easy to use and makes buying good companies at bargain prices automatic. Though the formula has been extensively tested and is a breakthrough in the academic and professional world, Greenblatt explains it using 6th grade math, plain language and humor. You'll learn how to use this low risk method to beat the market and professional managers by a wide margin. You'll also learn how to view the stock market, why success eludes almost all individual and professional investors, and why the formula will continue to work even after everyone "knows" it.
Reviews with the most likes.
First five chapters are fantastic, a good intro on investing and teaches you the good stuff on getting an idea on how and when to invest. The ‘magic formula' afaik, does not work any longer for a plethora of reasons and it isn't something I would use. I wouldn't read this book for the formula or some secret trick to the market but more so to rather get a general understanding of the market as a beginner. The first five chapters do do the market justice in that regard.
