The Big Secret for the Small Investor - A New Route to Long-Term Investment Success 1st Edition

As it is always the case for Joel’s books, lots of wisdom and plain common sense which would be great for investors and clients - trouble is (thank god for us who do) they don’t practice it.

excellent

The first 90% of the book are a crash course on investing: how to value a business; why most valuations are poor or inadequate; why active money managers will fail—i.e. don't outsource the problem. The last 10% are the solution: why ETFs are the right vehicle; why you should prefer value index funds; why and how different index valuation methods can make all the difference in the funds that you choose. If there is one advice I can offer.. Don't skip the first 90%.

Not enough use from this book. You can be stock market genius is great, Little book that beats the market is good. This is not so much.I think the author wanted to create one for the beginners.

In the end he recommends 10 ETFs and funds all of which trailed the S&P 500 by about 20% for total returns over the last 10 years.

I was looking forward to reading his value weighted approach. Since he touted throughout the book that this was the best strategy even beating the SP500 index. All the way to the end of this book, he finally listed his website and again I was disappointed that it didn't really show anything of substance.In fact the 20-year comparison from his website was from 1991-2010! I realized the book was published back in 2011. But what happened since that time? Was there no update beyond 2011? The website has a copyright year of 2019, so at least it was maintained until that time.

Too repetitive. Too much beating around the bushes, so much that it seems that the author just wrote enough words to make what could've been a long decent article into a wasting-time chapters.Don't get me wrong, I admire and follow Greenblatt's work but this book could have been way shorter without missing the essential message, which is buy Value Weighted Index ETFs because they are better than market cap indexes and saves us from a lot of trouble.I don't understand why people want to stretch so much a simple idea in order to write an entire book about it, instead of just writing a good, interesting and not-boring article.