A couple of months ago, as I was looking through the calendar of upcoming stock screen refreshes, I was pleased to learn that the third edition of The Little Book That Beats the Market was set for publication around about now.
Above all, an update to Joel Greenblatt’s investing classic – in which the legendary fund manager outlines an accessible, simple and above all effective stockpicking strategy – would mean a fresh airing for some brilliantly explained ideas for a new generation of market watchers.
But the updated edition was also set to coincide with the 2025 update of our UK version of Greenblatt’s ‘magic formula’ for identifying outperforming stocks. Somewhat more parochially, then, this would have given us the chance to incorporate his latest back tests and thoughts.