The Little Book That Beats The Market

Title: The Little Book That Beats The Market
Author: Joel Greenblatt
Publisher: John Wiley & Sons 2006

It is a book originally intended for the author's children, so it is very much a book for beginners in investment.

The essence of the book is to tell readers how to do value investing. There are basically two rules:

1. High return on capital
2. High earnings yield

Investors should look for companies that meet the two criteria and at a bargain price.

As the book is originally intended for the author's children, so there is quite a lot of not really relevant stuff in it. For those who already have a good knowledge in investing, this book may be quite boring. For beginners, it is good point to start.