Summaries of books by Joel Greenblatt:
The Little Book That Still Beats the Market
Joel Greenblatt
The book presents a simple investment strategy known as the "Magic Formula," which focuses on buying good companies at bargain prices by ranking stocks based on earnings yield and return on capital. It also provides a step-by-step guide to applying this formula, along with insights into the stock market's efficiency and the psychological challenges of investing.
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You Can Be a Stock Market Genius
Uncover the Secret Hiding Places of Stock Market P
Joel Greenblatt
The book provides insights into finding undervalued investment opportunities and special situations such as spin-offs, mergers, restructurings, and rights offerings. It emphasizes the importance of doing thorough research, understanding the market's inefficiencies, and developing a contrarian approach to discover profitable investment strategies.
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The Little Book That Beats the Market
Joel Greenblatt
The book introduces the "Magic Formula," a strategy for stock market investing that focuses on buying good companies at bargain prices. It emphasizes the importance of purchasing shares of high-return businesses when they are available below their true value and provides a step-by-step approach for individual investors to apply this methodology.
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