The Big Secret for the Small Investor: A New Route to Long-Term Investment Success
|Rating||:||4.67 (788 Votes)|
|Number of Pages||:||160 Pages|
When it comes to investing in the stock market, investors have plenty of options: 1. They can do it themselves. Trillions of dollars are invested this way.(Of course, the only problem here is that most people have no idea how to analyze and choose individual stocks. Well, not really the only problem. Most investors have no idea how to construct a stock portfolio, most have no idea when to buy and sell, and most have no idea how much to invest in the first place.)2. They can give it to professionals to invest. Trillions of dollars are invested this way.(Unfortunately most professionals actually underperform the market averages over time. In fact,it may be even harder to pick good professional managers than it is to pick good individual stocks.)3. They can invest in traditional index funds. Trillions of dollars are also invested this way.(The problem is that investing this way is seriously flawed--and almost a guarantee of subpar investment returns over time.)4. They can read The Big Secret for the Small Investor and do something else. Not much is invested this way. Yet Let top hedge fund manager, Columbia business school professor, former Fortune 500 chairman and New York Times bestselling author, Joel Greenblatt, take you on a journey that will reveal the Big Secret for both individual and professional investors. Based on path-breaking new research, find out how anyone can beat the market, the index funds and the experts by following a new approach that relies on the principles of value investing, common sense and quantitative discipline. Along the way, learn where "value" comes from, how markets work, and what really happens on Wall Street. By journey's end, small investors (and even not-so-small investors) will have found their way to some excellent new investment choices.
AdamSmythe said A Small Book with a Big Message.. This is a very good book for its intended audience. First, it is short and sweet. At about 156 pages it may seem not so short, but the book is quite small in size, and it probably amounts to, say, 100 normal sized pages. Second, author Joel Greenblatt doesn't simply present his suggested approach for small investors. Rather, he first takes the reader through many of the common investing alternatives that ultimately prove to be too hard, too confusing or just too simplistic for small investors to successfully implement. There's a lot of value in knowing the l. After reading it I felt like I had just been reading an advertising campaign for santiago Nothing new if you read The Little Book that beats the Market. Plus Greenblatt's fund(FVVAX) is no longer available. After reading it I felt like I had just been reading an advertising campaign for his fund. Adam N. said The purchase was great and transaction was good. Not a huge fan of this book. Maybe I had my hopes up too high. The purchase was great and transaction was good, but the book is kind of B.S.
He is a professor on the adjunct faculty of Columbia Business School, a managing principal and co-CIO of Gotham Asset Management, the former chairman of the board of a Fortune 500 company, and the author of You Can Be a Stock Market Genius and The Little Book That Beats the Market. Greenblatt holds a BS and MBA from the Wharton School at the University of Pennsylvania. JOEL GREENBLATT is the founder of Gotham Capital, an investment partnership that a
Greenblatt holds a BS and MBA from the Wharton School at the University of Pennsylvania. valueweightedindex . About the Author JOEL GREENBLATT is the founder of Gotham Capital, an investment partnership that achieved 40 percent annualized returns for the twenty years after its founding in 1985. He is a professor on the adjunct faculty of Columbia Business School, a managing principal and co-CIO of Gotham Asset Management, the former chairman of the board of a Fortune 500 company, and the author of You Can Be a Stock Market Genius and The Little Book That Beats the Market