The stock market is a turbulent place where fortunes dramatically rise and fall. People new to investing in the stock market need to understand the various intricacies involved before they can expect to reap a profit from their investments. You Can Be A Stock Market Genius: Uncover The Secret Hiding Places Of Stock Market Profits is a book that helps people in understanding the ways by which they can make successful investments in the stock market.
The author of this book, Joel Greenblatt, has penned down the insights that he gained from his own experiences as a stock market investor. In this book, the author discusses the advantages that individual investors have over professional money managers, and the ways by which those advantages can be leveraged to their maximum potential.
According to the author, individual investors are able to perform focussed investing and don’t need to maintain a unnecessary portfolio of numerous stocks like money managers. Because there are no time restraints that money managers usually have to deal with, individual investors can go ahead and evaluate their stocks over longer periods of time. In this way, they can afford to wait for those catalysts that drastically increase the value of stocks.
The author emphasises the importance of investing in spin-offs, which are usually those firms that branch out from the parent organisation. You Can Be A Stock Market Genius: Uncover The Secret Hiding Places Of Stock Market Profits is a useful book for amateur investors looking to gain a strong footing in the stock market.
Throughout the book, the author stresses on the importance of meticulous, individual research prior to investing in any particular organisation. You Can Be A Stock Market Genius: Uncover The Secret Hiding Places Of Stock Market Profits was published by Touchstone in 1999, and is available as a paperback.