The Little Book That Still Beats the Market

by Joel Greenblatt

Finance sponsored selections introduction stocks investing finance commodities manage your money stock market resources money markets accounting

Published in:: 2010
Rating:: 4.5

The Little Book That Still Beats the Market

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Finance

In short, companies that achieve a high return on capital are likely to have a special advantage of some kind. That special advantage keeps competitors from destroying the ability to earn above-average profits.

-- Joel Greenblatt

Finance

The third little detail we haven’t yet considered is that next year is only one year.

-- Joel Greenblatt

Finance

Second, once we come up with our estimate for how much Jason’s business will earn next year, we have to determine how confident we are in our prediction.