You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market P

I read this book about three years ago and really wish I'd come across it earlier. It has made me a mint. This is not a book for beginners; read Graham, Fisher, Lynch, and Buffet's essays first. Those authors will give you the basis for understanding and identifying a good investment but they won't give you a competitive advantage against the tens of thousands of analysts out there. This book literally changed the way I look at the market. I now look for situations where I can apply fundamental analysis, a la Graham et al, without competing against the armies of analysts with more time and resources or I look to exploit structural weaknesses in the market that give me an advantage. As a result I've returned over 40% in each of the past three years using the approaches outlined by Greenblatt. For example, Marriot's Vacation spin-off and Jim Malone's spin-off of Starz did very well. Both these invest were nearly identical to investments detailed in the book for Marriot and Malone's Liberty Media many years earlier. I also discovered Bruce Berkowitz's purchases of AIG and BAC after the 2007 crash by reading the section on Bruce Berkowitz's purchase of WF. Again the situations were nearly identical. History really does repeat itself and those repeats can be very profitable if you pay attention. Make no mistake, it still takes a hellacious amount of work, patience and discipline but the odds are much favorable following Greenblatt's advice. Greenblatt will tell you where to look for good buys but doesn't give much advice on when to sell - that's the trick. Never buy a stock without knowing when you are going to sell.

This book is a great read for anyone who wants to do more than simply save a percentage of their income each month. To read it, though, you are going to have to have slightly more than a basic understanding of investing. I found this out as I was reading and had to Google for a better understanding of a concept or word. Having said that, I found it quite impressive that someone like Joel Greenblatt could get down to such a level to explain these very sophisticated concepts.I particularly enjoyed the chapter about bankruptcy, and the case studies about spinoffs were also very valuable. My favorite example, though, was when he discussed Viacom taking over Paramount pictures because back in 2006 I had read Sumner Redstone's book, A Passion to Win, and he spent about 10 pages talking about this deal, and how the price for Paramount soared as a competitor kept professing it was their "manifest destiny" to own it. Seeing a less personal perspective on this was very good.Lastly, it was great to see that while the majority of the deals he discusses were great successes, they tended to take some time. I remember one investment that stayed flat for quite some time and threatened to be worthless. It ended up making a substantial return, but the following year. The lesson I took away was that if you need the money for luxuries like food, then you don't need to be investing it.

If you read one book on investment, it should be Bogles "The Little Book of Common Sense Investing." But if you read one more, it should be Greenblatt's "You Can Be a Stock Market Genius." At the moment, I'm halfway through the book and I'm impressed by Greenblatt's detailed examples. I appreciate the practicality, which is all too rare in the securities analysis canon. His explanations seem intelligible even to the layman using Investopedia. After slogging through Benjamin Graham, this should be easy—and enjoyable—reading.

Ignore the ridiculous title, this is a fantastic book. It's no Stocks 101 either. It assumes you already know a few things, so if you don't, read the newest Intelligent Investor with Zweig commentary or Greenwald's Value Investing.The author specializes in event-driven investing and goes over how you can use it in your personal investing too, as well as how to look at the relevant SEC filings when these events (spinoffs, spinouts, insider selling) and what to look for in them. It's essentially an extension of Securities Analysis. It also discusses LEAPS and Merger Securities if you're interested in that. I don't deal with them personally. In the same section there is a very cogent overview of options. It also discusses how to examine bankruptcies and bankruptcy filings with an eye towards investment. I photocopied and thumbtacked to my wall pages 219-220, which details all the important event-driven SEC filings, in and of itself essentially worth whatever the book costs.The book is loaded with Case Studies taken from the real world. This book wasn't written by some stuffy academic, this guy walks the walk, check his fund results. He can also write quite well and his interpretation of case studies is often sprinkled with humor. Not that it matters all that much in a finance book, since I don't read this sort of books for pleasure, but it certainly makes the often dense topics a lot easier to read.Also, as an aside, it made me buckets of money by giving me knowledge necessary to understand and profit from the News Corp. spinout which I otherwise wouldn't have.One of the best financial books I've ever read. Highest possible recommendation

My lifetime portfolio when from being down 30% since inception and now it is up 12%. Only 4 months into using this book combined with the others I read. I gotta say some of the things listed in here are what every investor wants. Special time periods where the value of a business is increasing and the price is down substantially.

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.

Fairly good, arrived on time

I have been more traditionally investing for many years and although JG's book has concepts that are now more widely used than when originally published, I believe it will help me find the odd diamond in the rough. Well worth the cover price.

The book is not for new investors.You need to read a few basic investment books before reading this one.About the book:It's give a really good insight about how to profit from various scenarios in the company. It has a lot of case studies where the writer explains how he made his investment decisions when companies made certain decisions. It's very much applicable to the Indian stock market as many big companies are going through such scenarios now. I skipped the last few chapters as some of the investment contracts mentioned are not available in Indian exchanges.

Libro qué he leído con una aplicación qué hay en play store, qué traduce cada página completa del libro.....Es interesante lo qué aprendes.....TE ENSEÑA A FIJARTE EN ACCIONES DE EMPRESAS, EN LAS CUÁLES NO SE NOS OCURRE MIRAR Y DE LAS CUÁLES SE SUELE OBTENER ALTA RENTABILIDAD, ALREDEDOR DEL 25% ó MÁS de INTERÉS ANUALUN LIBRO EXCEPCIONAL A LA HORA DE INVERTIR EN BUENAS ACCIONES Y OBTENER RENTABILIDADES EXTRAORDINARIAS ES :CINCO REGLAS PARA INVERTIREN ACCIONESCON ÉXITODE PAT DORSEYOtro libro de temática similar es:LO MÁS IMPORTANTEPARA INVERTIREN ACCIONESCON ÉXITOde Howard MarksTrata de como hacerbuenas inversiones,invirtiendo en acciones,equilibrando :la gestión del riesgo conel potencial de crecimiento