The Little Book That Still Beats the Market (Google eBook)

Front Cover
John Wiley & Sons, Aug 26, 2010 - Business & Economics - 208 pages
201 Reviews
In 2005, Joel Greenblatt published a book that is already considered one of the classics of finance literature. In The Little Book that Beats the Market—a New York Times bestseller with 300,000 copies in printGreenblatt explained how investors can outperform the popular market averages by simply and systematically applying a formula that seeks out good businesses when they are available at bargain prices. Now, with a new Introduction and Afterword for 2010, The Little Book that Still Beats the Market updates and expands upon the research findings from the original book. Included are data and analysis covering the recent financial crisis and model performance through the end of 2009. In a straightforward and accessible style, the book explores the basic principles of successful stock market investing and then reveals the author’s time-tested formula that makes buying above average companies at below average 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. He shows how to use his method to beat both the market and professional managers by a wide margin. You’ll also learn why success eludes almost all individual and professional investors, and why the formula will continue to work even after everyone “knows” it.

While the formula may be simple, understanding why the formula works is the true key to success for investors. The book will take readers on a step-by-step journey so that they can learn the principles of value investing in a way that will provide them with a long term strategy that they can understand and stick with through both good and bad periods for the stock market.

As the Wall Street Journal stated about the original edition, “Mr. Greenblatt…says his goal was to provide advice that, while sophisticated, could be understood and followed by his five children, ages 6 to 15. They are in luck. His ‘Little Book’ is one of the best, clearest guides to value investing out there.”

  

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Makes good sense and easy to read and very quick. - Goodreads
Good for insight into thinking about investments. - Goodreads
Joel Greenblatt is an entertaining and clear writer. - Goodreads
The beginning of a never ending journey of investing - Goodreads
... and the external links in the reference - Goodreads

Review: The Little Book That Beats the Market

User Review  - Kevin Sun - Goodreads

A bit basic, but interesting concept. Read full review

Review: The Little Book That Still Beats the Market

User Review  - Goodreads

Good anecdotal message to get people into investing. Puts things into a simple to understand perspective. Read full review

Contents

Chapter One
1
Chapter Three
17
Chapter Five
39
Chapter Seven
61
Chapter Eight
71
Chapter Ten
93
Chapter Twelve
115
StepbyStep Instructions
137
Appendix
165
Copyright

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About the author (2010)

Joel Greenblatt is the founder of Gotham Capital, an invest-ment partnership that achieved 40% annualized returns for the twenty years after its founding in 1985. He is a professor on the adjunct faculty of Columbia Business School, the Chief Strategist for Formula Investing, the former chairman of the board of a Fortune 500 company, and the author of You Can Be a Stock Market Genius and The Little Book That Beats the Market. Greenblatt holds a BS and an MBA from the Wharton School.

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