Most traders, especially newer ones, spend a lot of effort looking for "the thing" of market success. There IS no "thing"! The ONLY "thing" that works in the long term is to be good at evaluating the market and making proper adjustments to strategy *on the fly*. Very few have demonstrated the ability. Any trader who thinks [hopes] he can be successful following one simple strategy, or even a complex one, doesn't get it.
What makes you think he did? While "You Can Be a Stock Market Genius" probably touches on some of the ideas his fund used to make money, "Little Book" is just something he made up, and never used in his fund, as far as I can tell. Fletch
I read market genius, and I think it's amazing. Of course, you really need to discliple yourself and do your research. Especially he trade on a long term view.
Did you ever check out the web site? I've had to because my father got all exited about it for awhile. It has a screener which recs the junkiest small caps out there.
no, I mean the book "the little book that beats the market". Actually the back-testing of his magic formula on a different data set (bloomberg stock data base) is much less impressive. In any case, he has even set up a website for his magic formula, http://magicformulainvesting.com/book.do