You Can Be a Stock Market
Genius: Uncover the Secret Hiding Places of Stock Market
Profits (Paperback)
by Joel Greenblatt
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The stock-market profits that
investment pro Greenblatt is chasing are found in some areas
not usually considered by the average investor: spin-offs,
mergers, risk arbitrage, restructurings, rights offerings,
bankruptcies, liquidations, and asset sales. Greenblatt
acknowledges that pursuing them will require some time, effort,
patience, and experience. But he argues that because these
areas are not overstudied by the analysts, possible market
inefficiencies can be exploited. He explains each area with
case studies from his own experience. Librarians will love his
answer to the question, "Where can you find these special
investment opportunities?"?read, read, read?and he gives the
best places to look, emphasizing that you can pirate good ideas
but you still need to do your own homework. None of this should
be beyond the experienced investor (Greenblatt himself says he
doesn't "like to work too hard to understand an investment"),
but it is probably beyond the neophyte.?Alexander Wenner,
Indiana Univ. Lib., Bloomington
Copyright 1997 Reed Business Information, Inc. --This text
refers to an out of print or unavailable edition of this
title.
Review
Alan C. "Ace" Greenburg Chairman of the Board, Bear Stearns
Joel is my kind of guy -- very, very long on common sense. This
book is great! -- Review
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