You Can Be a Stock Market Genius

A comprehensive and practical guide to the stock market from a successful fund manager?filled with case studies, important background information, and all the tools you'll need to become a stock market genius.

Fund manager Joel Greenblatt has been beating the Dow (with returns of 50 percent a year) for more than a decade. And now, in this highly accessible guide, he's going to show you how to do it, too. You're about to discover investment opportunities that portfolio managers, business-school professors, and top investment experts regularly miss?uncharted areas where the individual investor has a huge advantage over the Wall Street wizards. Here is your personal treasure map to special situations in which big profits are possible, including:

-Spin-offs
-Restructurings
-Merger Securities
-Rights Offerings
-Recapitalizations
-Bankruptcies
-Risk Arbitrage

Prepared with the tools from this guide, it won't be long until you're a stock market genius!

Autorentext

Joel Greenblatt is the founder and a managing partner of Gotham Capital, a private investment partnership that has achieved 40% annualized returns since its inception in 1985. He is a professor on the adjunct faculty of Columbia Business School, the former chairman of the board of a Fortune 500 company, the cofounder of ValueInvestorsClub.com, and the author of several books, including You Can Be a Stock Market Genius, The Big Secret for the Small Investor, and Common Sense. Greenblatt holds a BS and an MBA from the Wharton School.

Inhalt

Contents

1. Follow the Yellow Brick Road -- Then Hang a Right
2. Some Basics -- Don't Leave Home Without Them
3. Chips Off the Old Stock: Spinoffs, Partial Spinoffs, and Rights Offerings
4. Don't Try This at Home: Risk Arbitrage and Merger Securities
5. Blood in the Streets (Hopefully, Not Yours): Bankruptcy and Restructuring
6. "Baby Needs New Shoes" Meets "Other People's Money": Recapitalizations and Stub Stocks, LEAPS, Warrants, and Options
7. Seeing the Trees Through the Forest
8. All the Fun's in Getting There
   Appendix: Gotham Capital
   Glossary
   Index