Common Sense

The Investor's Guide to Equality, Opportunity, and Growth

Common Sense
Joel Greenblatt
RRP:
NZ$ 46.99
Our Price:
NZ$ 38.77
Hardback
h203 x 127mm - 144pg
8 Sep 2020 US
International import eta 10-30 days
9780231198905
Out Of Stock
Currently no stock in-store, stock is sourced to your order
The United States is supposed to offer economic opportunity to everyone. So why are so many people left out in the cold? Globalization and technological change have ravaged the workforce. Hostile immigration policies actually keep Americans from getting jobs. Our education system is deeply unequal, denying opportunity to millions right from the start. Still, we can' t seem to break from the status quo. In Common Sense, the New York Times best-selling author Joel Greenblatt offers an investor' s perspective on building an economy that truly works for everyone. With dry and self-deprecating wit, he makes a lively and provocative case for disruptive new approaches? some drawn from personal experience, some from the outside looking in. How do we ensure that all children have an opportunity for a good education? Does getting a college degree have to be a requirement for getting a good job? If we subsidize banks, how do we ensure that the risks and rewards are distributed fairly? Greenblatt shows why expanding an already existing program might help more people than raising the minimum wage, how dramatically increasing immigration would be like giving every American a bonus, and the reason Australia might be the best place to learn about saving for retirement. Not everyone will agree with what Greenblatt has to say? but all of us can benefit from the conversations he aims to start.
Like many others, I am deeply saddened by the degree of inequality in our society. In Common Sense: The Investor' s Guide to Equality, Opportunity and Growth, Joel Greenblatt goes beyond documenting the problem to advance a handful of proposals that can contribute to a solution or at least jumpstart the debate. I recommend this book to anyone who cares about these things. It' s not just for investors. -- Howard Marks, cofounder and cochairman, Oaktree Capital Management Even Joel Greenblatt, superb investor and lucid stylist, would be shocked if you agreed with each and every one of his ideas for improving the quality of American life. But there' s not one idea in these fine and well-wrought pages that won' t make you stop and think. -- James Grant, editor of Grant' s Interest Rate Observer The only thing more appealing than common sense, humor, and brevity is-impact. In this thoroughly engaging tome you will find, among other things, a workable way to break the cycle of poverty (imagine our country without an underclass!) and a bipartisan immigration reform that screams to be enacted. Not bad for twenty bucks. -- Andrew Tobias, author of The Only Investment Guide You' ll Ever Need
Joel Greenblatt is the managing principal and co-chief investment officer of Gotham Asset Management, the successor to Gotham Capital, an investment firm he founded in 1985. He has been a professor on the adjunct faculty of Columbia Business School for over two decades, and he is a cofounder and former chairman of the Success Academy Charter Network. His books include You Can Be a Stock Market Genius (1997), The Little Book That Beats the Market (2006), and The Big Secret for the Small Investor (2011).

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