The Little Book That Still Beats the Market
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Description
Description
In 2005, Joel Greenblatt released a book that has quickly become a staple in the world of finance literature. Entitled The Little Book that Beats the Market―a New York Times bestseller with over 300,000 copies sold―Greenblatt provides a straightforward formula for investors to outperform the average market. Now, with an updated Introduction and Afterword for 2010, The Little Book that Still Beats the Market expands upon the original research, including data from the recent financial crisis and performance results through 2009. Written in a clear and accessible style, the book explains the basics of stock market investing and shares the author's proven formula for buying quality companies at discounted prices. Despite its simplicity, Greenblatt's method has been extensively tested and surpasses both the market and professional managers. The book also addresses why most investors fail and why the formula continues to succeed even as it becomes more widely known. Through easy-to-understand explanations and examples, readers will learn the