Hands Off This Simple Strategy

Joel Greenblatt's Magic Formula works -- if you stick with the program.

Joel Greenblatt tried to strike a bargain with readers of his bestseller, The Little Book That Beats the Market. Just do what I tell you, said the author and hedge-fund manager, be patient, and over time your investment return could be twice that of the overall market.

How simple is his method? You go to a free Web site, answer two easy questions and tap the Enter key. Back comes a list of stocks. Buy them, wait a year and repeat, selling your old stocks and buying a new set. Don't worry, be happy, get rich.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Editor, Kiplinger's Personal Finance