Discover millions of ebooks, audiobooks, and so much more with a free trial

Only $11.99/month after trial. Cancel anytime.

Summary of Joel Greenblatt's You Can Be a Stock Market Genius
Summary of Joel Greenblatt's You Can Be a Stock Market Genius
Summary of Joel Greenblatt's You Can Be a Stock Market Genius
Ebook38 pages18 minutes

Summary of Joel Greenblatt's You Can Be a Stock Market Genius

Rating: 0 out of 5 stars

()

Read preview

About this ebook

Get the Summary of Joel Greenblatt's You Can Be a Stock Market Genius in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: Fund manager Joel Greenblatt has been beating the Dow (with returns of 50 percent a year) for more than a decade. And now, in this highly accessible guide, he’s going to show you how to do it, too. You’re about to discover investment opportunities that portfolio managers, business-school professors, and top investment experts regularly miss—uncharted areas where the individual investor has a huge advantage over the Wall Street wizards.

LanguageEnglish
PublisherIRB Media
Release dateDec 10, 2021
ISBN9781669343936
Summary of Joel Greenblatt's You Can Be a Stock Market Genius
Author

IRB Media

With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

Read more from Irb Media

Related to Summary of Joel Greenblatt's You Can Be a Stock Market Genius

Related ebooks

Business For You

View More

Related articles

Reviews for Summary of Joel Greenblatt's You Can Be a Stock Market Genius

Rating: 0 out of 5 stars
0 ratings

0 ratings0 reviews

What did you think?

Tap to rate

Review must be at least 10 words

    Book preview

    Summary of Joel Greenblatt's You Can Be a Stock Market Genius - IRB Media

    Insights on Joel Greenblatt's You Can Be a Stock Market Genius

    Contents

    Insights from Chapter 1

    Insights from Chapter 2

    Insights from Chapter 3

    Insights from Chapter 4

    Insights from Chapter 5

    Insights from Chapter 6

    Insights from Chapter 7

    Insights from Chapter 8

    Insights from Chapter 1

    #1

    The efficient market theory states that since the stock market is largely based on supply and demand, it is impossible to outperform it consistently.

    #2

    The second myth is that the stock market is efficient, and that Wall Street is the best place to invest your money.

    #3

    Diversification only addresses a portion of your overall investment risk, and not the major portion. Even if you took the precaution of owning 9,000 stocks, you would still be at risk for the up and down movement of the entire market, known as market risk.

    #4

    Diversifying your investments helps you avoid market risk, which is the risk of losing money due to the stock market. However, diversification beyond the stock market can help you avoid nonmarket risk, which is the risk of losing money due to the misfortunes of any individual company.

    #5

    Bob is a poor investor because he is following the strategy of picking stocks based on their popularity rather than on their fundamental merits. He is also a poor investor because he is forced to do so many trades without affecting the stock’s price. This leads to him losing money.

    #6

    The author's in-laws are avid collectors who seek out works of art and antiques that will give them joy to own and live with on a daily basis. When in capitalist mode, they seek out bargains and seek out situations not closely followed by other

    Enjoying the preview?
    Page 1 of 1