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.

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Editor, Kiplinger's Personal Finance