The Little Book That Beats the Market

The Little Book That Beats the Market

Joel Greenblatt Andrew Tobias / Sep 19, 2019

The Little Book That Beats the Market 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

  • Title: The Little Book That Beats the Market
  • Author: Joel Greenblatt Andrew Tobias
  • ISBN: 9780471733065
  • Page: 303
  • Format: Hardcover
  • 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 than simply set out the basic principles for successful stock market investing He provTwo 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 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.

    The Little Book A Novel Selden Edwards The Little book is the first in a series of book, the second which just came out The Lost Prince Edwards is a consummate craftsman and a great story telling I read the second book first but was not confused, then read the first and enjoyed them both tremendously Edwards reminds me of E.L Doctorow where you meet famous people The Little Book by Selden Edwards The Little Book , though not an easy read, is a rewarding one The action takes place in turn of the century Vienna The protagonist, Wheeler Burden has been transported from the U.S in the s to Vienna as he lay dying. The Book of Revelation The Interval Between the Sixth and The Interval Between the Sixth and Seventh Trumpets THE LITTLE BOOK Some claim that it was the SEVEN SEALED BOOK, now open, The effect on John of reading the LITTLE BOOK seems to confirm this view, for as he read of the deliverances that were to come to his people, Little Books Catholic Devotional Books for Advent, Lent The Mission of Little Books is to Help People Pray Each Little Book has been carefully crafted to help you explore the depths of Scripture and deepen your relationship with Christ Order Little Books for your congregation, as a gift, or for personal devotional time, and spend some quiet time with the Lord. The Little Book Edwards novel The Little Book is a New York Times best selling novel by American writer Selden Edwards Edwards began writing the novel in , worked on it for over years, and the manuscript was accepted by The Little Book A Collection of Alternative Steps The Little Book A Collection of Alternative Steps Kindle edition by Roger C. Download it once and read it on your Kindle device, PC, phones or tablets Use features like bookmarks, note taking and highlighting while reading The Little Book A Collection of Alternative Steps. The Little Book by Charles Edwards Et, Paperback Barnes The Little Book is based on a Bible verse in Revelation that tells of an angel commanding the prophet John to eat a little book that would be sweet in his mouth and bitter in his belly. The Little Book AA Agnostica Indeed, The Little Book is a veritable encyclopedia of knowledge and wisdom about the Step program of recovery You can get a paperback copy of The Little Book here at It is also available via in Canada and the United Kingdom and Europe. Summary and reviews of The Little Book by Selden Edwards The Little Book is the extraordinary tale of Wheeler Burden, California exiled heir of the famous Boston banking Burdens, philosopher, student of history, legend s son, rock idol, writer, lover of women, recluse, half Jew, and Harvard baseball hero In he is forty seven, living in San Francisco. Home Page of THE LITTLE BOOK, A Study of Bible Prophecy About The Little Book Bible Prophecy John was shown a vision of an Angel holding a little book in his hand In that little book is collected all of the Prophecies given by God to inform His People of His plan for the Consummation of His Purpose.

    • Best Read [Joel Greenblatt Andrew Tobias] ✓ The Little Book That Beats the Market || [Horror Book] PDF à
      303 Joel Greenblatt Andrew Tobias
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      Posted by:Joel Greenblatt Andrew Tobias
      Published :2018-012-25T10:56:49+00:00

    About "Joel Greenblatt Andrew Tobias"

      • Joel Greenblatt Andrew Tobias

        Joel Greenblatt is an American hedge fund manager and founder of Gotham Capital He is also an academic and a writer He is also an adjunct professor at the Columbia University Graduate School of Business He is the former chairman of the board of Alliant Techsystems and founder of the New York Securities Auction Corporation.


    634 Comments

    1. This is a book where the writer tries to sell in a concept in a funny and easy way. But it isn't funny and he seems to think that the reader is stupid. The method of picking stocks might work, but the writer could have explained it in one page instead. He doesn't need to sell in the method on 95% of the pages of the book.


    2. This is just fantastic. In his little book which is part of a larger series on investing, Greenblatt humourously ivites us to a time tested fairly simple investing strategy called the "Magic Formula". magicformulainvesting/In essence it is value investing by looking at the earning yield (not dividend yield!)and the return on assets (ROA).I find Greenblatt to be a fantastic and amusing mentor that describes finance in a very simple and thorough manner. The introduction should be obligatory readin [...]


    3. The advice given in the book about the 'magic formula' sounds good and the author backs it up with past 17 years of results. Its about picking 20-30 stocks with high Return on Capital and available in bargain prices. Its a quite unique way of investing as you need to keep selling the stocks around one year mark and then buy new ones with the magic formula. His website is free to find the stocks out using the 'magic formula'. But, its like a process which needs time and patience (and ofcourse mon [...]


    4. Great book about investing supported by facts(didn't check it myself though).It concentrates on the two main factors of businesses( earning yield and return on capital) which could be an accurate indicators of its success or failure. Author illustrates what could be the best number of stocks in ones portfolio, gives step-by-step guidance and so on! Overall "straight-to-the-point" kind of book!


    5. Being interested in finance at an early age is pretty difficult for me because of all of the complex terminology and concepts. My brother, who is in finance, suggested this for me because it is easy to understand. He was completely right, Greenblat was able to explain market analysis so well a 10 year old could go out tomorrow and be able to choose stocks well. He used interesting metaphors with his kids and their candy business as if they were a multi-million dollar company. After reading this [...]


    6. Es un libro idóneo para que alguien neófito en finanzas pueda comprender el funcionamiento básico sobre cómo se eligen las acciones para invertir (guiándose en el análisis fundamental y el largo plazo, antes que en el análisis técnico y el corto plazo). También se da cierta introducción a estrategias de inversión. No me agradó del todo el tono del libro, ya que si bien el autor lo pensó para adolescentes, al final se terminó vendiendo para adultos, aunque conservó el tono infantil [...]


    7. While a very simple and straightforward book, the concepts are actually very powerful and important. It is written in a way to be accessible to non-finance people, and offers a good explanation as to why certain companies outperform others. Most simplistically, you want to buy companies with above average earnings growth for below average prices duh. But a nice reminder, and probably would be a good read for the average person. I knocked a star off due to the fact that calling this the "magic fo [...]


    8. This was a good book for me to read because it describes an important method for the valuation of companies and for making smart investments; this is usually a difficult subject that fills people with anxiety or puts them to sleep, but Greenblatt has written in a light and easy manner, with generous humour, and in such simple language that it removes anxiety, encourages the reader, and gets him excited to learn more, pick the right stocks, and give it a start. The book is easy to follow and unde [...]


    9. This book provides a good overview of some core value investing principles. The magic formula, a simple tool for filtering stocks based on earnings yield and return on capital, is a good starting point for selecting stocks. However, for readers who crave a deeper understanding and richer perspective on value investing may be left disapppointed by the lack of depth.


    10. Love the way things are explained. Even if you are not looking to do any investment this book is fun to read.


    11. If you are a beginner in the market and need something to start with which is effective as well as easy to understand, pick this book. Whole 'little' book revolves around 'Magic Formula' which tells people to invest in stocks with high earning yield and high return on capital.Four stars for the book and one more for simplicity and humor with which it is presented.


    12. Great little book about the stock market and trading that gives beginners an incite to what the world of stock trading has to offer. Quick read.It gives one of many methods of investing that on average beats the market averages over most every 3 year period. The "Magic Formula" is indeed magic if one can learn to pick stocks to the same degree as the analytic software they use do.Quite a humorous and upbeat book. Makes you excited to become a part of the investing world. Gives a few resources at [...]


    13. As a beginner investor with no real experience, I was looking for a text that would provide me with a sound system for identifying a good stock purchase. I wasn't looking for "get-rich-quick" methods, but sound principles. With references to a "magic formula" it's very easy to feel unsure about Greenblatt's suggestions, especially because it's all in relation to a notoriously insecure arena: the stock market. But his logic seems sound and reliable and just make sense. In fact, while reading this [...]


    14. I read this book in 2012 or thereabouts. Liked it.Very clear thesis - reversion to the mean. If you buy out of favor (share price down due to some temporary earnings issue), but good companies over time, these companies´share prices will revert back to a normalized P/E ratio, and you will do fine.I even selectively chose and bought stocks I understood from the magicformulainvesting websiteI used the site to give me ideas to investigate.The general thesis.rsion to the meanI believe is very valid [...]


    15. This is a great book to get the most basic concept in investing straightened out. Being not from a finance background, as most people are, the investment jargon gets too heavy on a person who has a slight intersest in it, leave alone the art which is being played behind the scene. This book provides these basic concepts in a very elegant way.However, this book has heavily stressed out the use of 'magic formula' throughout, which might not present the complete picture to the reader. Thus, advisab [...]


    16. Joel's approach to investing is witty, entertaining, and informative. After reading this book it became clear to me why he has been such a successful teacher. Most of the content is review for more knowledgeable value investors but is still worth perusing as an entertaining refresh course on valuation techniques and core strategic principles. For the beginner, this book is a fantastic place to start your education. In fact, I'd recommend starting the book with a group of friends so that you can [...]


    17. The author does a good job of taking some important economic concepts around competitive strategy and valuation in investing and making them easy to understand for those not well versed in the industry.On the downside, I'm always skeptical of "magic" things in investing, and the author nearly guarantees alpha from his strategy. Though the strategy is fundamentally sound, this is dangerous and could drive some to blindly invest in the strategy.Also, I think the book derives its value from its sim [...]


    18. I have 30 years trading experience in the stock market and am always looking for new angles to improve my skills and profits.I found that even though the principles presented in this book are not new that I enjoyed reading the book because of the clear and concise manner the information was presented. The principles described in the book are explained very simply and well. The website is well worth utilizing to save the time in screening the stocks yourself. Most casual investors will not want t [...]


    19. Decent investing book, but couldn't really get into it. These stats can be skewed in so many different ways that you can make them look ugly, decent, or pretty. IMO, the key to successful investing is choosing high-quality companies that consistently increase their cash flow, revenue, net income, and comps (if a retailer) while keeping the balance sheet at least relatively clean. Industry trends also play a BIG role. Additionally, any book that uses the word "formula" should be approached with c [...]


    20. 9/12/2014: I didn't like the book as much as expected. The information provided wasn't anything new, nor did the author contribute any additional insightful perspective into the matter. The content could have been condensed into half a page or even less. This is not a novel so all the nonsensical descriptions of the Gum Shops could have been omitted as the analogies they provided didn't create a clearer understanding of this so called "formula". I would have preferred a less superficial approach [...]


    21. Interesante el concepto y tentador de utilizar, pero tristemente utiliza mucho del libro justificando la formula magica al grado que parece un guion de ventas.Abunda poco en los calculos, y ademas no se mete mucho en la valuacion para saber si esta barata o no una accion.En resumen, compañias con buena venta sobre valor, buen retorno de capital y comprarlas baratas. Seleccionar las mejores 30, mantenerlas un año y asi año con año.Interesante teoria aun asi.


    22. I reread this book after 5 years after liking it the first time. Now, I completely disagree with Joel's formula. Holding stocks for just a little over a year and frequent trading are not ideal for everyone, let alone people not actively tracking their investments.Disclaimer: I currently work for a robo advisor


    23. Being someone new to the financial world, this book was really helpful, informative and simple to understand. The author used easy to identify with examples. This is definitely one I want to refer to again.


    24. Great book. Even if you don't want to follow Greenblatt's plan, this is a good book to read to get you thinking about the stock market and the economy. Just a good read. You'll enjoy it, if nothing else.




    25. Simple short book outlines 'value' investing. It is well explained and can help alleviate the reactive way most people invest swayed by the emotions of the market movements.



    26. Nice book to start learning Value Investing for unexperienced people. I kind of like the method he propose but If I were to invest real money, I would look further into it.


    27. 이렇게 쉽게 투자를 이해시키는 책을 본 적이 없다. 자녀들과 함께 읽어도 좋을만 한 책이다. 정말 좋은 책이다.


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