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Cover of You Can Be a Stock Market Genius by Joel Greenblatt

You Can Be a Stock Market Genius

Joel Greenblatt · 1997

The worst-titled great investing book ever published. Greenblatt walks through spinoffs, merger securities, rights offerings, and recapitalizations, the corners of the market where structure creates mispricing, with worked examples from his own record. Professional managers quietly reread it; the title keeps amateurs away.

The case against

The title is a carnival barker and the jokes have a 1997 laugh track. The trades demand real accounting work the breezy tone undersells, several of the worked loopholes have since closed, and nothing here helps an index investor. A specialist's toolkit wearing a clown suit.

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