Joel Greenblatt - Modern Value Investor

Everybody knows Warren Buffett. Pffft! The old man that calls himself the Wizard of Omaha because of his uncanny ability to pick stocks and land himself on top of the richest man in the world list for years. But the thing is, value investing is not only for the wizard. Anyone who dedicate their life to this arcane magic will find themselves rich.

If it does work, why not everybody is doing it? But it does work! The good thing about it is that, it doesn't work all the time. You'll get 1 - 3 down years and then your portfolio will then skyrocket afterwards. Not many people can withstand that kind of drawdown. That is why not all people do it.

The main reason that it work is that, it doesn't work all the time.

Joel Greenblatt is the author of the book, "The Little Book That Beats the Market". He have a skill in explaining complex things like investing in companies to ordinary people. His book is actually made for his son in pre-school and was made sort of like a letter or guide for his son so when he grows up, he'll know what daddy does for a living.

I wish I had a dad that knows how to invest. I could have been traveling the world by now. But I'm not hating. I think its the journey to that million dollars is what makes it great.