Monday, March 12, 2007

Joel Greenblatt's Little Book That Beats The Stock Market - Book Review

The Little Book That Beats the Market

What Is It About?

This book is an introduction to achieving above average returns in the stock market. In a simple and easy to understand manner the book explains that the way to beat the stock market is to buy the stock of good companies selling for a cheap price relative to their intrinsic value. The book also provides a link to a website that allows one to see what stocks the author believes are possible buys based on his system as articulated in the book.

What Did I Get Out Of It As A New Investor?

This is an excellent book for the new investor. The book provides an easy to understand explanation as to how and why the system presented works. The author also makes available a website that allows the individual to see what stocks currently qualify as possible purchases. In short, this book not only tells you about the system it also helps you implement the system free of charge.

The Good News

One of the best introductory books on the value/growth style of investing.

The Bad News

Not much here for the more experienced investor.

The Bottom Line

One of the best books for new investor or for those having trouble grasping value investing concepts.

Other Related Reading:

 My Review   My Review


Eric said...

If the only thing you get out of this book is where to find investment ideas on his website, it is worth it. I have seen the picks his system makes and if you do a little research on each you can find great stocks that you can trade online.


Nice book review.