Framework-based value investing book that explains how to earn above-average returns by evaluating publicly traded companies. Joel Greenblatt’s strategy centers on understanding two things: how cheap a stock is at a given time, which is measured by calculating its earnings yield, and how efficient a company is at generating cash, which is measured by calculating return on capital. Written in plain language, it’s accessible to any beginner investor.

A biographical anthology about 15 of the most successful hedge fund managers. Divided into three sections—Macro, Multistrategy, and Equity—the book is based on in-depth interviews that explore each investor’s strategies, principles, and mindset, revealing what enabled their long-term success. The managers profiled are: Colm O'Shea, Ray Dalio, Larry Benedict, Scott Ramsey, Jaffray Woodriff, Edward Thorp, Jamie Mai, Michael Platt, Steve Clark, Martin Taylor, Tom Claugus, Joe Vidich, Kevin Daly, Jimmy Balodimas, and Joel Greenblatt.