Review The Little Book That Still Beats the Market
by JOEL GREENBLATT and ANDREW TOBIAS
Description
As a sequel to the originally published book The Little Book that Beats the Market, this edition expounds on the data and analyses stated in the first edition. If the original book stated how an average investor could beat the popular market averages by systematically applying a formula, the second edition expounds on recent research regarding the original data with an analysis of the current market conditions after the 2008 financial crisis.
Among the great advantages of the book is that it is short and easy to read, aside from being a sequel to an investment classic. It clearly expounds on the data the author obtained years ago, during the time the first edition was published. It shows the backtesting of many investment strategies that date back to the 1980s finance industry. Then the book expounds on the modern market conditions and how the 2008 financial crisis had affected the global economy and what impact it brought to investing.
The book focuses on active investing, but it is just as resourceful and efficient for those who practice passive investing. This second edition proves that it is another important addition to the books on finance and investment, much like its first edition.
About the Author
JOEL GREENBLATT founded and served as managing partner of Gotham Capital, a private investment partnership that has reached 40% annualized returns since its establishment in 1985. He was the former chairman of the board of Fortune 500 company and co-founded the Value Investors Club website. He is an adjunct professor at Columbia Business School. He has authored a number of finance books. He received his MBA from the Wharton School.
Table of Contents
Acknowledgments
Foreword by Andrew Tobias
Introduction to the 2010 Edition
Introduction to the Original Edition
Chapter One
Chapter Two
Chapter Three
Chapter Four
Chapter Five
Chapter Six
Chapter Seven
Chapter Eight
Chapter Nine
Chapter Ten
Chapter Eleven
Chapter Twelve
Chapter Thirteen
Step-by-Step Instructions
Afterword to the 2010 Edition
Appendix
