“ In 1985, Greenblatt started a hedge fund, Gotham Capital, with $7 million, most of which was provided by junk-bond king Michael Milken.[4] Robert Goldstein joined Gotham Capital in 1989.[1] Through his firm Gotham Capital, Greenblatt presided over an annualized return of 50% ("after all expenses" but "before general partner's incentive allocation" fees) or 30% (net of fees[5]) from 1985 to 1994 by investing in ""special situations" like spinoffs and other corporate restructurings".[6][7] In January 1995 Gotham returned all capital of outside partners (approximately $500 million).”
I wouldn’t read this book for years because of the silly title:
“You Can Be a Stock Market Genius" https://www.amazon.com/You-Can-Stock-Market-Genius/dp/068484...