I guess, on Joel Greenblatt's strategy, the key is to stick to it for 3 to 5 years as it requires. I went to the bookstore and read the whole book in one sitting, took me less than two hours. I found the book very simple, which does not mean it is bad, and easy to understand for someone like me who is a novice investor. The emphasis is to direct the reader to his website, which is free for now. But, as with all brilliant stock strategies, it is all retro looking, meaning, the strategy looks wonderful when the past data is calculated, but one never knows whether it will work in future. O'Saughnessy phenomenon is a shining example of this, in which lot of people lost lot of money. Oh well, one has to make the decision on his/her own. Thanks for recommending Graham's book, The Intelligent Investor. I borrowed it from the local library and will delve into it soon. Friends, let's keep this discussion rolling. With all the trash talk going on in Sajha, it is refreshing to read a thread that actually is decent and worthwhile.