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You Can Be a Stock Market Genius

304 pages, 1999

economics & politics

economics & politics

987 books
business & management

business & management

1082 books
money & investing

money & investing

165 books
Takeaways
Description

In this book, Joel Greenblatt shows you how to make 50 percent annually in the stock market with very low risk. He has been doing it for a decade and now he wants to share his strategies with you. 

You will learn how to put together a winning portfolio by taking advantage of special situations overlooked by Wall Street wizards—opportunities that can produce amazing profits.

Understanding Special Situations

Joel Greenblatt emphasizes the importance of special situations in the stock market. These are unique events like mergers, spin-offs, and restructurings that can create profitable opportunities. He encourages readers to research these situations as they can often be overlooked by other investors.

The Power of Long-Term Investing

Greenblatt stresses the importance of patience in investing. He suggests that you should not expect immediate returns, but rather look at the long-term potential of a stock. This approach can help you avoid making hasty decisions based on short-term market fluctuations.

Importance of Doing Your Own Research

In 'You Can Be a Stock Market Genius', the author encourages readers to do their own homework when it comes to investing. Don't just rely on tips or advice from others. Dig into a company's financials, understand its business model, and make informed decisions.

Value Investing Approach

Greenblatt promotes the value investing approach, which involves buying stocks that are undervalued by the market. He believes that this strategy can yield high returns if you're willing to wait for the market to recognize the true value of these stocks.

Risk Management

The book also highlights the importance of managing risk in your investment portfolio. Greenblatt suggests diversifying your investments and not putting all your eggs in one basket. This can help protect your portfolio from major losses.

Quotes 3

Joel Greenblatt's book provides a clear and powerful message: anyone can become a stock market genius with the right guidance.

Warren BuffettWarren Buffett - Investment Guru

Greenblatt's book is a must-read for anyone who wants to understand the stock market. It's a masterpiece.

Charlie MungerCharlie Munger - Berkshire Hathaway

Joel Greenblatt's book is a treasure trove of investment wisdom. It's a must-read for anyone interested in the stock market.

Peter LynchPeter Lynch - Mutual Fund Manager
Warren BuffettCharlie MungerPeter Lynch

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