Value investing2005
The Little Book That Beats the Market
Joel Greenblatt
Introduces the Magic Formula, a systematic value screen based on business quality and valuation.
Author
Joel Greenblatt is the author of `The Little Book That Beats the Market`. The book reflects an approach centered on how to estimate value instead of forecasting short-term price and demand a margin of safety.
Evaluate the framework separately from the author's reputation, and test each recommendation in the current context.