The Little Book That (Still) Beats The Market is a step-by-step tutorial to implement a simple, mathematical formula when buying stocks that guarantees long-term profits.

Joel Greenblatt's investment company Gotham Funds managed to make over 40% in annual returns over a period of 20 years, from 1986 to 2006.

Greenblatt follows in Benjamin Graham's footsteps of value investing: buying undervalued companies with long-term growth potential at good prices.

In 2005, Greenblatt thought about what gift he could give his five children.

He was looking for one that would benefit them in the long run.

He then decided that teaching them how to make money was the best thing he could do.

He just needed to find a way to turn these complex principles into easy-to-digest information.

The Little Book That (Still) Beats The Market was the result and became an instant bestseller.

In 2010 it was updated and expanded, hence the term 'still' in its title.