The Little Book That Still Beats the Market Book Review

little book that still beats the market book reviewThe Little Book That Still Beats the Market, by Joel Greenblatt, shares a “magic formula” for investing.

And in case you didn’t know, the Author Joel Greenblatt is a very successful hedge fund manager. He also wrote the best selling book, “You Can Be a Stock Market Genius.”

So how does The Little Book That Still Beats the Market hold up? Well in this book review I’ll tell you why I believe The Little Book That Still Beats the Market is the best investing book you can read in less than 24 hours.

Plus, I’ll share my favorite parts of the book.

And just so we’re on the same page, I just finished reading this book yesterday. So the ideas presented in this best-selling investment book are still very fresh in my mind. Now let’s get down to business…

What Is The Little Book That Still Beats the Market?

The Little Book That Still Beats the Market is a very popular investing book written by Joel Greenblatt. And actually…

The book was originally published in 1006 as “The Little Book that Beats the Market.” The Little Book That Still Beats the Markets is the slightly updated 2010 edition, which is the book I’m reviewing here.

So with that in mind:

Greenblatt himself says The Little Book That Still Beats the Markets was created when he tried to condense all the most important knowledge he absorbed as a hedge fund manager into an easy to understand book that his kids could learn from. In this capacity, The Little Book That Still Beats the Markets definitely delivers.

The book is short, easy to read and  focused on a single (yet very powerful) investment approach. I’ve written before about magic formula investing. But this book gives the official outlook on how you can use the magic formula to outperform the stock market. So what’s the best part about The Little Book That Still Beats the Market?

Best Part About The Little Book That Still Beats the Market:

The best part about The Little Book That Still Beats the Market is how easy and actionable the approach is. The whole book is designed to give you a ready-to-use strategy that you can put in place today to start outperforming the market.

But The Little Book That Still Beats the Market doesn’t just give you the keys to success. This investing book also gives you a lot of context so that you have the conviction to believe in the magic formula contained within it’s pages.

And actually:

Understanding how the magic formula was devised and the basic principles behind it made a big difference for me.  felt the magic formula advocated in The Little Book That Still Beats the Market was much more credible after understanding where it came from.

And Greenblatt does cover the most important components of value investing – like why you should look for a margin of safety, and to be weary of Mr. Market.

Almost as soon as I picked up The Little Book That Still Beats the Market I wanted to finish it so I could put the magic formula into action for myself. Luckily it’s a really fast read.

But for some traders, therein lies the problem.

What The Little Book That Still Beats the Market Leaves Out:

The Little Book That Still Beats the Market is a really short book. It’s only about 180 pages (and the pages are very small – the book itself is literally little). So in some ways, this strength is a weakness. Since the book is so short it can’t cover everything.

While The Little Book That Still Beats the Market is a great easy to understand read for everyone, you’ll probably get more out of the book if you have some basic understanding of value investing. You don’t have to read The Intelligent Investor to benefit from The Little Book That Still Beats the Market. But if you love Ben Graham I think you’ll enjoy Greenblatt’s book too.

The Little Book That Still Beats the Market is a straightforward book that shows you the exact steps to apply value investing in today’s market. Since the book is so short it doesn’t talk about too much of the other principles of value investing. But it’s still a good read.

Now let’s wrap this book review up.

The Little Book That Still Beats the Market – The Final Word:

The Little Book That Still Beats the Market  is a great book that you can read in less than 24 hours. If you need a book for the beach this summer The Little Book That Still Beats the Market  might be the perfect book for you. It’s fast to read and easy to understand.

The Little Book That Still Beats the Market is incredibly actionable, and for that reason I recommend you buy The Little Book That Still Beats the Market on Amazon today. And if you still want a little more information, check out the short video book review below…

The Little Book That Still Beats the Market Video Book Review:

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