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Title: "I missed the Boat!"
Review: This is a quote out of Joel's third book "The Big Secret For The Small Investor" p13, that he himself said about this book. Indeed he did miss the boat! You cannot "boil" the Stock Market down to a magic formula. If you could everybody would be doing it. His excuse for this is that you have to use his formula over many years and suffer many down years to reap the benefits - ouch! As a retired investor of many years I have come to realize that a good portfolio of the right kind of index funds can trounce most all other "magic formulas." This is now what I recommend to anyone willing to listen!Don't wast your money on any of Joel's books, at least written up to this point in 2012.
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