the little book that beats the market review
This is a great book to get the most basic concept in investing straightened out. Great little book about the stock market and trading that gives beginners an incite to what the world of stock trading has to offer. Plus, the author cautions the reader that the approach may need 2-3 years at least to bear fruit. Well explained, a good place to start, and broken down at a beginner's level. Here, take a look. You can still see all customer reviews for the product. These stats can be skewed in so many different ways that you can make them look ugly, decent, or pretty.
It's both a good introduction and application of value investing that will set investors on a good starting path. There are no discussion topics on this book yet. Reviewed in the United States on June 29, 2006. A 12-year-old could get this read and understood over a Sunday afternoon. This is a book where the writer tries to sell in a concept in a funny and easy way. This makes the data less reliable to build a strategy on. Not only that, but this book is based on the same core values that the author has used to seek out stocks during his investing career. Tobias' book argued that most ordinary investors can't expect to beat the market, and should therefore invest in the stock market as a whole, by investing in a no-load, broad-based index fund with a company like Vanguard. After reading this book I feel I can finally now understand what my brother and my dad are talking about at the dinner table. Very insightful, and excellently written. by John Wiley & Sons.
This was great! Being interested in finance at an early age is pretty difficult for me because of all of the complex terminology and concepts. It is amazing that Greenblat was capable of explaining something that people get paid millions of dollars to do, to a 15 year old. And for the experienced investor, the approach may provide another check mark before investing in any stock.
The advice given in the book about the 'magic formula' sounds good and the author backs it up with past 17 years of results. This review pertains to the Audiobook CD. Your recently viewed items and featured recommendations, Select the department you want to search in, Proven, effective strategy - it’s not for everyone though, Reviewed in the United States on June 22, 2019. Any of us who envisioned living in retirement from the interest on our savings were sadly mistaken. When reading this book you may feel like your reading an infomercial for a product but truthfully the results speak for themselves the magic formula works and going forward I will probably be using it. An excellent read. So Joel Greenblatt's new book, The Little Book That Beats the Market, is better than your run-of-the-mill "get rich quick" entry. However accounting standards are becoming more global these days as companies move to international standards, so foreign company data is becoming more reliable. The information provided wasn't anything new, nor did the author contribute any additional insightful perspective into the matter. "The Little Book That Beats the Market" is a quick, enjoyable read. Amazing, and Amazingly Easy (if it works), Reviewed in the United States on May 26, 2007. Accounting reporting standards also differ. I knocked a star off due to the fact that calling this the "magic. It's a recipe that invites criticism from people of varied investment skill levels. The reviews on this book range all over the place, which is understandable. Additionally, any book that uses the word "formula" should be approached with c. Decent investing book, but couldn't really get into it. Basically, it distills the drivers of stock values into two components: return on assets and earnings yield. Its about picking 20-30 stocks with high Return on Capital and available in bargain prices. Goodreads helps you keep track of books you want to read.
Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. 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. But his logic seems sound and reliable and just make sense. Whoops! Influence from Graham's style of investing is obvious. Greenblatt's secret is to buy good companies at bargain prices. I've only been investing for a few months and I've had some ups and downs along the way. The Little Book That Still Beats The Market Review. Reviewed in the United States on June 11, 2020. I have been investing for 2 years now and for me most of this information I have read and seen in other books I'm not saying it's not a good book but personally for me I did not get much out of it. Great Book, Good Ideas, Weak In Some Areas, Reviewed in the United States on February 18, 2007. As someone who is not in the real savy in business and has little to no financial advisory background- this book is right up your alley if you just don't understand the complexity of the stock market but are still interested in investing. So simple! The author clearly admits (refreshingly) that there is no real way to know if the approach will be as successful as it has been shown to be historically. Greenblatt clearly didn’t share the entirety of his investment strategy, but what he did share is a fantastic, proven system that anyone can use to increase their investment returns if they’ve got the stomach to get through the lean years. But a nice reminder, and probably would be a good read for the average person. I was hoping for some more broad info about the stock market and stuff. However, for readers who crave a deeper understanding and richer perspective on value investing may be left disapppointed by the lack of depth. Avoid the Audiobook CD (except perhaps the unabridged version), Reviewed in the United States on September 28, 2012. November is the time for aspiring writers to get serious about writing that book! Its about picking 20-30 stocks with high Return on Capital and available in bargain prices.
That’s my kind of investing.
For a very beginner basic investor many of this imformation is great. 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. It’s funny, it’s short, it’s very readable (unlike so many other books on this topic) and it covers most important points. This page works best with JavaScript. Whole 'little' book revolves around 'Magic Formula' which tells people to invest in stocks with high earning yield and high return on capital. 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. There's a problem loading this menu right now. The Little Book That Beats The Market by Joel Greenblatt is easily the investment book of the year. I knocked a star off due to the fact that calling this the "magic formula" is pretty corny, and the constant reference to the "magic formula" was a bit annoying. But his logic seems sound and reliable and just make sense. But it isn't funny and he seems to think that the reader is stupid. His website is free to find the stocks out using the 'magic formula'. If you have read "The Intelligent Investor" or Greenblatt's earlier book, you might want to just read the last 25 pages and you'll get all the real content. Accounting reporting standards also differ. Only problem with this approach is that stock values are based on expectations of FUTURE performance. In 2005, Joel Greenblatt published a book that is already considered one of the classics of finance literature. 9/12/2014: I didn't like the book as much as expected. The Good: Its a short entertaining book that you can finish in a few days of casual reading. Once a year you put in a day of work and then not even look at your portfolio for 12 months. The investing strategy presented appears to work (at least over the 19 years described). Two years in MBA school won't teach you how to double the market's return. Really enjoyed the audiobook version of this one. He presents good, reasonable principles and a methodical way to apply it. 9/12/2014: I didn't like the book as much as expected. It's National Novel Writing Month, the annual event designed to... Two years in MBA school won't teach you how to double the market's return. Might ask my Dad if he wants to split an investment. I’ll have to do some more personal research. Fun book to read. However, I feel dubious about the content and feel like he’s just a salesman. I would have preferred a less superficial approach. In fact, while reading this. Good but essentially a value investing white paper stretched to book-length. This is just fantastic. “Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. I wish I had read this book 20 years ago. My brother, who is in finance, suggested this for me because it is easy to understand. 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. Review: The Little Book That (Still) Beats the Market by Joel Greenblatt Finance is already a commonly misunderstood field to begin with; the stock market is only more distant and complex. Even if you are not looking to do any investment this book is fun to read. Great reading for the experienced, and novice alike! The content could have been condensed into half a page or even less. Your recently viewed items and featured recommendations, Select the department you want to search in, Reviewed in the United States on October 26, 2019.
Quite interesting, written as simple as possible, not sure how good the formula would be tho. I wasn't looking for "get-rich-quick" methods, but sound principles. He has a mutual fund where he uses the formula that you can buy into for a 1% fee. The book promises you this magic formula, which it does explain in detail but that’s really all the book was about and it strongly discourages you from investing on your own. The content could have been condensed into half a page or even less. While a very simple and straightforward book, the concepts are actually very powerful and important.
His website is free to find the stocks out using the 'magic formula'.
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