480
people found this helpful, as of 2023
ranked #39,007 most helpful
out of 571,544,897 reviews
★★☆☆☆
Save Your Money
What do you get when you mix a strong marketing plan, a well known and successful hedge fund manager, and 100 pages of investing platitudes?
Answer: Greenblatt's new book.
I hate to be so harsh on the book, because I think Greenblatt's intentions are good.
So let me correct myself: If you are under the age of 12 and know diddley squat about how stocks work, buy this book.
You'll learn a lot.
Now, if you have even a rudimentary knowledge of stock picking -- save your money.
Greenblatt says two important things in this book then repeats himself for 100 + pages.
All you need to know you could have gotten for free at Morningstar: buy companies with high ROC (return on assets or "ROA") and high earnings yield (inverse of P/E ratio -- the E/P ratio).
