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Money management isn't as math-centric as you might believe. The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness The end result was a book with language so simple that anyone – even his kids – could understand it. As Greenblatt says himself: His goal in writing the first edition of the book was to reduce the intimidation factor that stands between many people and investing. The Little Book That Still Beats the Market is an updated version of Greenblatt's classic original text, The Little Book that Beats the Market, published in 2005, which became a New York Times bestseller.

So after sharing this formula, Greenblatt and team put together Magic Formula Investing, a free resource to readers that does the math and sources the data for you. In The Little Book that Still Beats the Market, Joel Greenblatt – founder of Gotham Capital, and managing principal and co-chief investment officer of its successor, Gotham Asset Management – shares his "magic formula" to help you outperform the market by buying good companies for bargain prices.īut a formula is only as good as the tools you have to implement it.
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The Little Book series is a collection of books wherein some of the brightest minds in finance share their investing wisdom. The Little Book That Still Beats the Market once you have your financial life in order, of course. But it also provides the steps to start investing. And that's the focus of the book: personal finance, with an emphasis on budgeting and saving for retirement.
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You have to learn how to manage your finances and build your relationship with money before you're ready to invest. "This book conveys similar touchpoints and is a great companion for anyone looking to start getting a better handle on their finances, especially given the unpredictable times we are in now." "I always tell my clients that your relationship with money should be a balance, something that is unique to you," Robertson says. Their book, also named The Financial Diet, was chosen as one of Real Simple's Most Inspiring Books for Graduates and is the perfect jumping-off point for beginning investors who are also just getting started in their careers, says ShirleyAnn Robertson, a Prudential financial advisor based in Schaumburg, Illinois. If anyone can make managing your money a fun exercise, it's The Financial Diet founders Chelsea Fagan and Lauren Ver Hage.

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