You Can be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits

Terrible title, but amazing book in how to look for and understand investments. Very focused on special situations instead of either trading or long term value investing, but each example is broken down to common reasoning approaches. Instead of avoiding special situations, thinking they were too risky/too specialized for me, this book has helped show the solid simple reasoning and opportunities available, which normally cover 1-3 years and follow a "minimal risk, strong upside" approach. Also one of the few investment books I've read which (maybe the only one so far) which covers how/where to look for and research potential ideas. Personally more useful than "The intelligent investor" to actually investing.

fact - joel greenblatt is considered one of the greatest investors of our time (consistently gets returns of 30%+ on his returns...). this book gives you an introduction ino what he looks for to make an investment. fact 2 - you wont become an investment guru after reading this book - but it will give you a great introduction into what he does...

I think that definitely it worth the price. Sometimes a bit difficult for the normal investor but very full of food of thought.

I must admit that the title of the book led me to some hastily formed judgements about the content. However, having come across this work in a number of book recommendation lists for value investors, I decided to click on the buy button. I am quite pleased I did. The author gives a nice exposition of some more esoteric areas of equity investments (mergers, spin-offs, rights offerings, etc.). It definitely gave me some new insights and viewpoints that I hadn't "noticed" before. I am not a fan of the style and the silly jokes but I guess the author wanted to make it a light read. Having said that, don't assume that the content is basic. I have read many complex investment tomes with all the mathematical rigour that in the end were based on false premises and can only lead to heavy losses (CDO's anyone). For £15, the book is a good value investment as I am sure it will enable one to notice potential profit certain situations. Investing of course requires effort, so you will still need to analyse the situation but at least you have some basic awareness of the possibility.

The author is really super, talks about the investing in special situations. Very interesting read and very friendly writing style.

I bought this book in May 2011 and at the time I felt pretty bullish on Apple. Instead of buying the stock I bought Jan 2013 $400 LEAPS based on what the book said. My investment has so far quadrupled in value! Just amazing advice.

Bad title, good book. Don't judge a book by it's cover... in this case you'd think the book was written for children or moreons. The book itself is quite nice, and handles stock investing quite nicely, with some fresh point's of view. Liked it quite a lot.

Interesting introduction to more esoteric/special situation investment styles. I have benefited a lot from some of the tips through a rights issue. It's more difficult to use when working in finance.

Don't be put off by the hacky title of this book. It's really a gem, if you only incorporate only one tactic from this book it has already paid for itself 10x folds. Personally I love spinoffs, after reading the book I looked back on some of the bigger spin off deals in 2019 and what Joel says about there being an increase in the parent company and the spin off increases in value after a year or 2 checked out. I'm currently looking at a spin off expected in October 2020, I plan to implement this technique and see how it works.

Um dos melhores livros que já li!!

Es un libro que amplía a gran escala tu visión fundamental de las empresas

Okay, so the title of the book leaves something to be desired, but that is the ONLY part of this book that falls short. Joel Greenblatt has written an excellent book on profiting from special situations. That's fortunate for the rest of us, since so far as I can tell, this is the ONLY book that provides an overview of event-driven investing. Note that I said "overview"--it's by no means definitive, nor does it claim to be. Certainly more rigorous treatments of risk arbitrage exist. However, this is the only book I'm aware of that is dedicated to explaining merger securities, spinoffs, recapitalizations, bankruptcy and yes, risk arbitrage. The book's format is well thought out: each chapter explains the how and why of investing in one particular corporate event, and then utilizes case studies to ram the point home. The case studies are interesting, reading at times like a novel. The tone is lighthearted and endearing throughout, and the frequent jokes, although usually kitschy, hit the mark nonetheless. (One gem: "There are three types of people in the world--those who can count, and those who can't.") This book is not for everyone, however. Beginners should first read Peter Lynch, Ben Graham, and Phillip Fisher before tackling this one. Greenblatt assumes a reasonable degree of comfort with financial statements and value investing strategies on the part of the reader. The use of LEAPS and options in special situations is covered, but should be avoided by all save for the most advanced investors (as per the author's advice). Also, professionals working in the field of event-driven investments would probably find little they did not already know. That being said, the book reads quickly, so a pro would be little disadvantaged for reading it. Finally, it's nice to know that the author can walk the walk as well as talk the talk. Greenblatt publishes his firm's audited returns over a ten-year period at the end of the book, and they are out of this world. We're talking an average annual return of 50% for ten years. This book is not a case of "Those who can, do; those who can't, teach." Greenblatt can, and he does. Highly recommended.

Erg goed boek