The Big Secret for the Small Investor: A New Route to Long-Term Investment Success by Joel Greenblatt

The Big Secret for the Small Investor: A New Route to Long-Term Investment Success

Joel Greenblatt
Crown Business
Apr 2011
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When it comes to investing in the stock market,  investors have plenty of options: 1.  They can do it themselves.  Trillions of dollars are invested this way.(Of course, the only problem here is that most people have no idea how to analyze and choose individual stocks.  Well, not really the only problem.  Most investors have no idea how to construct a stock portfolio, most have no idea when to buy and sell, and most have no idea how much to invest in the first place.)2.  They can give it to professionals to invest.  Trillions of dollars are invested this way.(Unfortunately  most professionals actually underperform  the market averages over time.  In fact,it may be even harder to pick good professional managers than it is to pick good individual stocks.

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