The Little Book That Beats the Market
Buy this book at Amazon.com or try Amazon.co.uk in England, Amazon.ca in Canada, Amazon.de in Germany, Amazon.fr in France, Amazon.it in Italy, Amazon.es in Spain. ASIN=0471733067, Category: Investment, Language: E, cover: HC, pages: 176, year: 2005.
Review by interesting-books-selector.com
This book proposes a so called mechanical investing (MI) method where you rebalance the positions once per year according to a screening method whose results are available on the website of the author. Please note that the world's most successfull investor once said that today computers are accessible to everybody and thus as a tool for mechanical stock selection don't offer any advantage in investing.
If you want to know the key to long-term success, read Buffett's letters to the shareholders.
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. Let Joel Greenblatt, Founder and Managing Partner at Gotham Capital (with average annualized returns of 40 0.000000or over 20 years) show you how "beating the market" can be made simple and easy.
The Little Book 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 common sense method is convincingly explained using 6th 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.