David Einhorn’s favorite book1 min read

Categories RecommendationsPosted on

   “You Can Be a Stock MarketGenius” by Joel Greenblatt

Also recommended by Bill Ackman, Whitney Tilson

Though the title may sound a bit far-fetched, Greenblatt asserts that the stock-picking individual does have distinct advantages over the professional. Without the pressure of quarterly returns, and without the distractions of making a living on educated guesses (especially spin-offs), Greenblatt asserts the ability of the little man over the master of the impressive portfolio. This work is a welcome addition to the reading lists of personal investors (and Columbia Business School students), a note of hope in a discouraging and confusing world of savvy (and sometimes criminal) investment schemes.

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