What are some of the strategies in the little book that still beats the market

Here are some of the strategies in "The Little Book That Still Beats the Market" by Joel Greenblatt:

1. **Magic Formula**: The core strategy outlined in the book is the Magic Formula, which Greenblatt developed based on his experience as a value investor. The formula involves selecting companies with high Return on Capital (ROC) and high Earnings Yield, which are considered indicators of good companies at reasonable prices.
2. **Long-Term Perspective**: Greenblatt emphasizes the importance of a long-term investment horizon. He advises investors to hold onto their investments for at least a year to minimize taxes and to have patience, as companies may take time for the market to recognize their true value.
3. **Discipline and Consistency**: The book stresses the need for discipline and consistency in following the Magic Formula. Greenblatt advises against making impulsive decisions based on short-term market fluctuations and encourages investors to stick to their long-term strategy.
4. **Avoidance of Market Noise**: Greenblatt's strategy involves ignoring market noise and focusing on the fundamentals of the companies he invests in. He encourages investors to look for companies with strong financials and to avoid those that are overvalued or have poor management.
5. **Use of Historical Data**: The book makes use of historical data to demonstrate the effectiveness of the Magic Formula. Greenblatt provides evidence of the formula's performance over time, which has shown significant returns and outperformance of the market in certain periods.

By implementing these strategies, investors can aim to beat the market by focusing on quality companies at reasonable prices and adopting a disciplined, long-term approach to investing.