Library trader. Joel Greenblatt. The little book of the stock market winner.

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Library trader. Joel Greenblatt. The little book of the stock market winner.

There is a class of people who want to make in the stock market, but are not able to devote much time to the process of investing. To them, this book is addressed.
To predict the long-term dynamics of price action is typically used fundamental analysis. But fundamental analysis as a branch of knowledge, it is very difficult, almost inaccessible to the application of the private investor. The main difficulty - a very large number of economic parameters and their complex multilateral and cross-ties. Therefore, for practical application is necessary to make some simplifications that facilitate investment decisions. Such simplification and invites the author.
His idea is simple and beautiful - those companies that performed well in the recent past, are likely to be attractive in the near future. It is to acquire their shares for investment. The author proposes the system and the selection of such companies, based on an analysis of their economic performance.
The advantage of the system - the simplicity and concreteness.

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