About the book: 2007 / Are you willing to spend two hours learning how to beat the market? Hard as it may be to believe, Professor Joel Greenblatt, whose investment firm has been generating an average of 40% annual returns for 20 years, is ready to teach you this. You will be able to achieve results that will make even the best investment professionals and scientists' eyes pop out of their heads. On your own and without much risk, you will learn how to make an annual profit twice the market average. There is no need to make forecasts. Follow step by step the magic formula that uses only common sense and two simple concepts. It has been tested over hundreds of different periods and thousands of stock picks and has proven to be extremely profitable for those willing to stick with it. The author takes you on a path to investment success, explaining why his approach will continue to work—even after everyone knows about it..