* Jacket Description/Back:
Praise for The Little Book That Beats the Market
"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
"Simply perfect. Joel has made beating the market both simple and clear. One of the most important investment books of the last 50 years!"
- Michael F. Price, MFP Investors, LLC, and called "Wall Street's Foremost Value Investor" by Fortune magazine
A GUIDE TO BEATING THE MARKET FOR ALL AGES
Two years in Business school won't teach you how to beat the market. Two hours with The Little Book That Beats the Market will. Let Joel Greenblatt, founder and a managing partner at Gotham Capital (with average annualized returns of 40% for over twenty years), show you how "beating the market" can be made simple and easy.
The Little Book That Beats the Market does more than simply set out the basic principles for successful stock market investing, it 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 clear breakthrough in the academic and professional world, the commonsense method is convincingly explained using sixth grade math skills, plain language, and humor. Readers will learn how to use this low-risk method to beat the market and professional managers by a wide margin. Along the way, readers will 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.
* Jacket Description/Flap:
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 worksyou can choose to do it for the rest of your life.
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 investmentresults 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.