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.
Who should read it
Beginners building a systematic foundation.
Experienced investors reviewing their process.
Readers willing to write and apply, not only seek inspiration.
Do not copy the advice mechanically when your products, legal setting, or time horizon differs from the book's context.