Joel Greenblatt is founder and managing partner of the private investment partnership Gotham Capital, which has accomplished a remarkable 40% in annual returns since 1985. In this concise, easy-to-read best-seller, Greenblatt shares his simple but effective strategies for achieving returns "that beat the pants off even the best investment professionals." All it takes is common sense, patience, and Greenblatt's "magic formula." "A marvellously clear explanation of the value investing approach."-Financial Times